Several weeks ago I proclaimed that we would eventually hit NASDAQ 3126.

Think I'm going mad? Well, I'm not, and my stock advice should prove that to you.

I never said it would happen today or tomorrow, but the market will reach that kind of high. For now, we've sunk to the abyss of a very deep mud pit. Poor home sales, weak earnings reports and eroded consumer confidence constitute this market muck. But mark my words – we will emerge and climb to higher ground.

Atop Mt. Everest

Whichever indicator you look at (the MACD, PPO, RSI), you won't find any bearish divergence. As I've said before, there is a pattern to trend lines, and my stock advice is based on an interpretation of those patterns. If you look at the S&P 500, for example, you'll see it's following a 30-year uptrend line that has never been broken. The trend line has been approached twice since January 2008, but never breached.

What's causing the resistance? Ben Bernanke and the Federal Reserve's decisive actions, for one, have helped hold the line intact through their aggressive interest-rate-cut policy. But the bigger question is how do we use this resistance to profit here at Trending123?

Well, if you look back over the past 30 years, we've hit this uptrend line only a few times, and each hit signaled a major buying opportunity:
• 1987 crash – trend line hits
• 1990/1991 savings and loan crisis – trend line hits
• 2002/2003 dot com bubble bursts – trend line hits
• 2008 subprime mortgage crisis, high price of oil, weak US dollar – trend line hits.

Historically, this is a very strong pattern, and it continues to hold true for the current market situation. As I said before, we've grazed the uptrend line twice since January, which means the time to buy on the long side is NOW, and my current stock advice at Trending123 will show you just how we intend to profit.

This market has thrown us some terrible curveballs – from Labor Department job loss reports to overstocked inventories to the high price of oil – and I know it's hard to stay positive when the market is as volatile as this.

But if we stay long, there will be plenty of opportunities to profit from rallies off of the uptrend line, especially if we stick to our guns and invest our money in high-beta, growth stocks. Right now in the Trending123 portfolio, we're sitting on gains of 15.38%, 17.20%, 29.27% and higher!

I'm John Lansing, and if you're ready to profit from the so-called doom and gloom of the current market, sign up now for your subscription to Trending123! If you're not fully satisfied with this service, simply cancel your subscription at any time!