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Jan 19, 2010

NFA : Bars Forida Firm , Cani Financial Advisor LLC and its principaAnd its

For Immediate Release For More Information Contact:
Larry Dyekman (312) 781-1372,
Karen Wuertz (312) 781-1335,

NFA bars Florida firm, Cani Financial Advisors LLC and its principal, for a period of five years
January 19, Chicago - National Futures Association (NFA) has accepted a settlement offer from Cani Financial Advisors LLC (Cani) and its principal, Scott W. Raybin, to withdraw from NFA membership for a period of five years. Cani is a Commodity Trading Advisor and Commodity Pool Operator located in Fort Lauderdale, Florida. The Decision, issued by an NFA Hearing Panel, is based on an NFA Complaint filed in September 2009 and a settlement offer submitted by Cani and Raybin.
The Panel found that Cani failed to list an individual as a principal of the firm and that Raybin failed to properly supervise Cani's activities. Additionally, the Panel found that Cani failed to observe just and equitable principles of trade by incurring excessive debt and by issuing promissory notes to lenders and investors, when it had no reasonable expectation it would be able to repay the debt. In the event that Cani and Raybin become an NFA Member or Associate, or principal of an NFA Member after the five-year bar, Cain and Raybin must pay a fine of $15,000.
The complete text of the Complaint and Decision can be found on NFA's website (
NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the futures markets. European Banks Take a Step Toward More Normal Lending

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BUSINESS / GLOBAL BUSINESS   | January 19, 2010
European Banks Take a Step Toward More Normal Lending
The European Central and Swiss National Bank will end the swaps program, which had allowed them to exchange euros for Swiss francs.

Money Morning : January 19,,2010

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January 19, 2010
In an Uncertain Market, Defensive Investing is Smart - And Profitable

By Jon D. Markman, Contributing Writer, Money Morning

For U.S. investors looking to profit in the near term, the best offense may be a good defense.

"Defensive investing" becomes a mantra for investors who are seeking to navigate periods dominated by high risk, slow growth or excessive uncertainty. Given that the current market outlook probably contains an element of each of those scenarios, a strategy that includes elements of care and caution will make for a wise course of action.

This is actually a healthy thing, and will likely include a pause in the broader market. But all indicators point to the prospective pause being just that - not a new bear market, just a time out as overfed risk appetites take a breather before being reinvigorated.

Despite the emphatic negative trading session we saw on Friday, most of last week was rather buoyant, with a net gain in the broad market averages. Yet measures of internal market health continued their slow deterioration, with much more volume appearing on down days than up days.

My belief: U.S. stocks are in the process of remedying the overbought condition created by the big upward move in the first week of the year, as well as the overbought condition that's visible on some monthly charts.

For the Top Defensive Plays to Make Now, Read on...

Markman on...
- How to Profit From the "Road Map to Recovery," Regardless of What Lies Ahead

- Ignore the Crowd... It's Time to Invest in Commercial Real Estate

Peter Schiff: Why this Money Should Replace the U.S. Dollar

According to CNBC star analyst and Euro Pacific Capital President Peter Schiff, a new Treasury-approved currency - backed by gold - could double or even triple your savings automatically.

For Schiff’s full analysis and recommendations, please go here.

Sponsored content

Current "Bull Market Monday" Trend Points the Way to Maximum Market Profits

By David Field, Contributing Writer, Money Morning

Call it the "Bull Market Monday" syndrome.

In fact, if weren't for the last month and a half of Mondays, the U.S. stock market would be a very dour place right now.

Since the start of the 2009 fourth quarter, the Standard & Poor's 500 Index has posted positive returns on 14 of the last 16 Mondays, with an average gain of 0.85% on that first day of the week, the Bespoke Investment Group said in a research report last week.

However, since the start of October - for the other four trading days of the week - the S&P 500 has experienced an average decline of 0.21%, and has posted positive returns only half the time, Bespoke found.

For someone holding only the S&P 500 on Mondays since the fourth quarter began - buying at the close of Friday trading and selling at the close of Monday trading - a $100 stake would have increased in value by more than 13%. Conversely, a $100 stake held only on the other four trading days - that is, a stake bought at Monday's close of trading and sold at the close on Friday - would have dropped in value to $95.44 during the same period.

For U.S. investors, there are some powerful lessons hidden within all these numbers. You just have to take care in how you interpret the numbers, says Keith Fitz-Gerald, a former professional trade advisor who now serves as the chief investment strategist for Money Morning.

Read full article...

Buy, Sell or Hold: Ford Motor Co.'s (NYSE: F) Turnaround Could Put Investors on the Fast Track to Profit

By Horacio Marquez, Contributing Editor, Money Morning

Back on July 28, 2008, I recommended buying a speculative stake in Ford Motor Co. (NYSE: F). The stock has more than doubled in value since then, and I believe it's positioned for even more gains.

Let me tell you why.

Investing in a company as it turns around from a highly distressed situation is one of the most profitable investments one can make.

Many billionaires, like Wilbur Ross and David Tepper of Appaloosa Management LP, are masters of this style of investing. And they have the profits to prove it.

That's why I am always looking for these rare situations, which can play a very important role in a portfolio, even with a small initial investment. And right now there are a few very strong signals that the U.S. auto sector, which was demolished by the financial crisis, is going to bounce back stronger than ever.


Forbes . com : Daily Opinions, January 18, 2010

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