why charge for a membership?

After 385 posts in its first year, the original pebblewriter reached a crossroads.  The blog took on a life of its own, as the number of hits would attest.  Many other blogs do a fine job on technical analysis, swing trading, harmonics, Elliott Wave theory or economics (I list several favorites in the column to the right.)  But, I couldn’t find many that do a great job of wrapping everything up in a nice, neat actionable package.

I tried building a blog that did everything — and in a way that educated its readers — for free.  But, my other business interests suffered.  And, for some reason, my wife and kids expected a little attention, too (my wife has these wacky ideas about me coming to bed at night, taking vacations, etc.)  Eventually, I tried cutting back on blogging; but, frankly, I missed the challenge and excitement.  And, the diminished focus led to subpar performance after a phenomenal 2011.  The solution, it seemed, was a premium blog that delivered premium information to readers who value it.

For all these reasons, I built the new and improved pebblewriter.com. I believe the layout is cleaner and easier to use.  The concepts and principles I use in my forecasting are integrated and explained more clearly.  I’ve assembled a great collection of resources for those who, like me, want their propaganda from the source instead of through the MSM filter.  And, for the first time, I’m charging a little coin to defray my costs (not to mention establishing a reserve for marital counseling.)

I’ve completed the migration of each post from the old blog to the new website.   And, I’m posting all the charts for the various indices/currencies/commodites I watch.  Most major indices will be updated regularly — with big picture updates usually on a weekly basis (or as needed), and shorter term views more often — typically daily for SPX and every few days for the others.

I will also post intra-day when I see interesting chart or harmonic patterns setting up or noteworthy news that IMHO isn’t being covered properly by the MSM.  Members are notified of important posts by email and, if desired, by text.  Over time I will add more information about chart patterns and technical analysis.  As always, my goal is to teach my readers to fish rather than simply providing a daily catch.

I plan on leaving the old blogger site up for archival purposes, and will continue to post items of general interest there from time to time.  I’ll also re-post pebblewriter.com entries when I get around to it for those whose needs aren’t terribly time-sensitive (not recommended for active investors.)

I want members to be the first to know when I come up with interesting research — not after thousands of other casual readers have already acted.  I also like the idea of a small, dedicated and interactive community, where readers can ask questions of me as well as learn from each other.

The first 100 annual members who sign up will be grandfathered at their initial rate; i.e., no increases — ever.  How cool is that?   And, members will have whatever membership they’re on extended for a free 90 days when a referral results in a new annual membership.  Just drop me a line, and have your friend mention you when they sign up.

Current rates are as follows (as of May 29, 2012):

  • Monthly:  $100
  • Quarterly:  $250
  • Semi-Annual: $425
  • Annual:  $700

CLICK HERE TO BECOME A MEMBER

Groups are eligible for discounts.  I will also consider discounts for selected non-profits and charitable organizations.  Contact me if this applies to you.  I also consult for a few independent asset management firms, advisors and family offices.  This customized service includes telephone and even in-person consultations and is more strategic in nature.  Again, contact me for further details.

There are certainly cheaper subscriber sites out there, though there are many which are much more expensive.  My feeling is that one decent trade every few months will pay for any of these memberships many times over.  I don’t plan on offering trial memberships.  My past work is all on display — every great and not-so-great call I’ve made for the past year.  So, it’s easy enough to get a feel for my thought process and style.

I’ve tried to incorporate the many suggestions I received when I first broached the idea of a premium site several months ago.  Some investors don’t like paying for information; I get that.  But, the vast majority of responses I received were very supportive.  Whichever camp you fall into, feel free to drop me a line with your thoughts.  Thank you for your support.

CLICK HERE TO BECOME A MEMBER

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As always, the information I present on pebblewriter.com is for educational purposes only.  It is not investment advice and is not intended to address the specific goals or circumstances of any individual reader or subscriber.  The full Disclosures and Use Agreement can be found here.