I was sent the below email from a collegue as I use Linkedin and was annoyed that my details could be given to third parties without my permission. As such I thought I needed to share this with all that might also use this service.

Dale

I don’t know if you’re already aware of this but LinkedIn recently changed its privacy settings allowing it to share your profile information, including your picture with third party applications.  Like me, you probably use LinkedIn to connect with your business associates so I thought it would help to forward this on so you can protect your privacy (and ensure your details are not shared without your awareness) while still enjoy the benefits of using LinkedIn.

What has changed?

LinkedIn made changes to its privacy policy which included an “on-by-default” feature for some of its privacy settings. “On by-default” means that these are now the normal account settings. While LinkedIn did place a notification on its website of the changes, I didn’t see it and perhaps you didn’t either.

One of my LinkedIn connections recently brought this to my attention. These changes worried me so I followed the steps below to disable the settings and opt-out of the changes.

To begin:

Click on your name in upper right hand corner

Click on settings

To ensure your profile is not used in advertising:

Click on Account in the lower left hand corner

Click manage social advertising

Uncheck the box

Save

Marketing from third parties:

Click on Email preference in the lower left hand corner

Click on turn on/off partner InMail

Uncheck the box(es)

Save

Sharing your data with 3rd party applications:

Click on Groups, Companies, Applications in the lower left hand corner

Click on turn on/off data sharing with third party applications

Uncheck the box

Save

On the 9th June, I have been asked to present to the Australian Technical analysts Association (ATAA).  The evening is open to all who wish to attend and I have placed details below for those interested. I would love to see you there.

Regards

Dale Gillham

 Details:

Date: Thursday, 9th June 2011 at 5:30 p.m.

Duration: 2 Hours

Venue: Shell Theatrette - Corner Spring and Flinders Streets Melbourne VIC 3000

Enter from the Flinders Lane entrance opposite the Sofitel carpark entrance.

Guests are always welcome: First time guests - no charge. Returning guests - $30

Please note: Members and guests are asked not to enter before 5:00 p.m.

5:00 pm  Networking - complimentary drinks and nibbles

5:10 pm  Sale of Dinner Tickets $28.00

5:30 pm   Member Speaker -  Kalvert Clark QA - he calls himself an obsessed hobbyist astrologer and researcher.

Topic: - “Synchronisation in the Markets”

Planetary Cycles are synchronized into our bodies, minds and souls, but at times we ignore their prodding at our peril, Kalvert hopes to revive these nudging’s by showing you some examples in life and in the markets. The Dow Jones Index, The Economy, and Real Estate Markets will be used as illustrations.

Kalvert, a keen student of the science of planetary movements, otherwise known as astrology, hopes to spark your interest in these cycles by showing you some examples in life and in the markets.  The Dow Jones Index, The Economy, and Real Estate Markets will be used as illustrations.

Kalvert has also for some years now been assisting Phil Anderson with his studies into W.D. Gann and Gann’s extensive research in planetary movements and their effects on markets.  Some of this research will also be drawn upon and shown.

See:  http://www.businesscycles.biz  for more

6:25 pm:          Announcements & Notices

6.30 pm:  Guest Speaker– Dale Gillham – Funds Manager, Author and Educator

Topic: – “Realities of the Australian Market”  What you can expect in 2011 and beyond

Regardless of whether you’re learning to trade or are already trading for yourself, understanding how to protect capital and profit in volatile markets is essential to your success. Using data going back to 1875, Dale will share with you the real story about how our market unfolds over time and how you can use this information to predict future movements and stop chasing the market. Dale will also share his thoughts on what’s in store for the coming year and what is his personal strategy is for his clients.   

In addition to the above, Dale has found that traders often waste hours of time mindlessly trawling through chart after chart chasing the market without ever really getting ahead. In this dynamic presentation, Dale will also share with you common trading profiles and why 80% of traders are doing things back to front. Lastly he will also share the three keys that are essential in becoming a successful trader. 

Dale Gillham is the bestselling author of, How to Beat the Managed Funds by 20%’, and author of Australia’s first and only nationally accredited Diploma and Advanced Diploma of Share Trading and Investment courses. A sought after keynote speaker and one of Australia’s leading share market analysts, he is regularly sought for his expert opinion in major newspapers and financial publications as well as Sky Business Channel.

Dale has over 20 years’ experience in various sectors of the investment industry, including banking, financial planning, share market education and professional trading, where his knowledge of the share market was fine-tuned and his mentoring skill developed. An excellent motivator, teacher and a technically competent trader, Dale is in his element when supporting others to acquire the strategies that will ensure their success in the share market. Dale has already been instrumental in helping educate many thousands of Australians to profitably trade the share market. “The key to learning how to trade successfully is to learn how to think and behave like a professional trader, says Dale. “What I do is give people the tools and attitude they need to achieve positive financial change.

8:45 p.m.: Dinner at ‘The Swiss Club’ at 89 Flinders Lane, Melbourne.

Dinner tickets must be purchased at the meeting. Cost $28.00.

Further information: Paul Ash - Victorian ATAA Council President

Phone: 03 8804 1726 (AH) or 0414 836 063

I read with interest an article in the September Choice magazine on option educators and their wealth creation seminars. The article states that options╒ trading is primarily promoted by educators as a ╘high profit low risk╒ strategy to make money in rising and falling share markets. Options educators have been renowned for making promises of the riches you can make trading these highly leverage instruments for decades and the streets are littered with thousands of unsuspecting customers who believed these over inflated and misleading statements and paid the price. 

This practice is not just restricted to options trading but also CFDs, foreign exchange trading and horse racing software with the same marketing spin and hard-core sales. Whilst these promoters tell the unsuspecting attendees╒ that returns in the hundreds and even thousands of percent are easily obtainable in a few short months with little or no knowledge, highly qualified options brokers suggest profits of 1.5 per cent per month or even double digit figures in a year, would be a phenomenal return. In reality, the only people getting rich are those who promote these seminars - anyone attending a seminar that promises returns that sound too good to be true should just walk away. 

So what can we expect in the market?

Over the past week the market has continued to rise instead of fall as I expected. Right now many investors would be thinking that the market is highly bullish and that the bull-run is likely to go on forever. However, one thing I have learnt about the share market is that it tests your psychology because just when you think the bull-run will continue it stops, catching many unsuspecting investors out.

If we look at the reality of the market, since the high on 15 August the All Ordinaries Index has risen only 1.48 per cent to yesterdays close. However, if we look at Wednesday’s (9 September) close, it has only risen 0.45%. So is the market really bullish? Or is it slowing down and about to turn?

I believe it is the latter as there is at least a 90% probability the market will fall in September for at least two weeks. Therefore, given that we are now nearing the middle of the month, it is likely that the market will start to fall any day. Following this, I expect the market to rise into October to between 4600 and 4950 points, which I believe will be the high for the year, before it falls again in November to below 3800 points. 

Only time will tell if I am correct, but as always protect capital by setting stop losses, and do not think you are missing out if you are not buying right now as probability suggests we will get better and safer buying opportunities in the not to distant future. 

Dale Gillham will be once again featuring on the Sky Business Channel program “Your Money, Your Call” from 7:00 - 8:00 pm EST tonight, Channel 602 on FOXTEL and AUSTAR.

Dale has also recently featured on evoTV.com.au in the interviews entitled ‘Invest in Innovation‘ , ‘Changing Empires‘ and ‘Direct Investment‘

Dale Gillham will be once again featuring on the Sky Business Channel programs “Market Moves” at 6:30-7:00pm and then again on “Your Money, Your Call” from 7:00 - 8:00 pm EST tonight, Channel 602 on FOXTEL and AUSTAR.

Dale has also recently featured on evoTV.com.au in the interviews entitled “Slow and Steady” and “Wealth Within Approach“