Jim Patterson

Jim Patterson, "Creator" Dow Double Diamond Plan

Jim Patterson began his career in the investment business as a retail account executive with Dean Witter Reynolds in early 1990.  After completing a rigorous training program, which included time in New York working at the World Trade Center, Jim set to work. In just 18 months he earned the status of Vice President of Investments and a nice window office. But after a couple of years, Jim realized the culture of a large wire house was not conducive to providing the kind of objective and independent advice he wished to give to his clients.

So, In 1992, Jim moved from Dean Witter to Robinson-Humphrey, a smaller regional firm where he was able to give to his clients a much higher level of personal service. At Robinson-Humphrey, it was not long before Jim was winning growth and goal contests. And it was here that he started doing his own research and analysis, and also began developing his technical trading plans.

The relationship with Robinson-Humphrey was a good one and lasted until 1997.  But in 1997 Jim realized the bulk of his clientele was more interested in his research and market opinion than his firm's opinion. So, he left Robinson- Humphrey to start his own company, Patterson Capital, Inc.

One day in 1998 one of his clients called up and queried, "What should I do in my new E-trade account?" It was this phone call that sparked the idea of offering his opinion and trading ideas as an independent research service to the growing "do it yourself" sector. In July 1999 Jim launched his first advisory service, Reggie on Wall Street. In 2001 the name was changed to Tactical Trading Outlook. Also in 2001 Jim hosted his own radio talk show called Tactical Trading and Investing.

In late 2001 Jim developed the "Type 3 Tactical Trading System" in cooperation with 21st Century Investor Publishing and Phil Erlanger Research. This short-term trading program was met with considerable enthusiasm by traders and the results were very good.

In 2003 Jim added a longer-term “long only” portfolio to Tactical Trading Outlook called Hop&Pop trades. The Hop&Pop portfolio is based on the cup-with-handle volume breakout concept made popular by William O’Neil, publisher of Investors Business Daily. Expecting 2003 to be a very good year for stocks, Jim introduced the Hop&Pop portfolio in April 2003, a time when many analysts were bearish. The timing of the Hop&Pop launch was excellent and the portfolio continues to rack up solid gains today.

In 2004, sensing that a more difficult market environment was just ahead Jim added the Flop&Drop portfolio as a  “short only” complement to the Hop&Pop portfolio. Many of these stocks did well in the Spring ’04 sell-off.

Being something of a mathematician and computer whiz, Jim continued his search for ever-better trading plans. And in early 2004,  he noticed during his research the remarkable performance (over many years) of one of his favorite market indicators, the 3-Day Dow Trend.  Soon, Jim began to see its potential as a simple but powerful wealth building plan. It took several months of backtesting, study, and refinement to sort out all the details and convert the indicator into a reliable trading plan, but finally in November 2004 the Dow Double Diamond service was launched. The plan is based on “hard and fast rules” and is designed to capture the “back-and-forth” movement of today’s market. Using the popular Dow Diamonds (DIA), it is ideal for investors seeking rapid capital growth, as it allows any size investment and can be used with 2:1 and 5:1 leverage (see back tested results)

Jim lives in Atlanta, Georgia with his wife Tami. They have been married for over 11 years. He and his wife enjoy the company of their two young daughters and their two dogs. When he is not working or being kept busy by the girls, he keeps active. Jim is an avid cyclist and enjoys running and swimming, usually competing in one or two triathlons during the warmer months of the year.  

Dick Sanders

Dick Sanders "Publisher" Dow Double Diamond Plan

Dick Sanders' marketing and publishing career spans 30 years. He graduated from Santa Monica College with a major in English. He began his advertising and publishing career with the Easy Reader newspaper in 1974. In 1978, he became publisher and advertising director of South Bay magazine. In 1981, he served in the same capacity for Rendezvous magazine. From 1986 to 1991, he aided Dick and Doug Fabian in the marketing of their investment advisory service, Fabian Financial Resources.

In 1987, in association with designer Wm. Fridrich, Dick created the direct-marketing tool known as the “magalog.” Since the early ‘90s, Dick has been involved in the marketing and publishing of numerous financial publications and services. Today, he is proud to work with master trader, Jim Patterson, serving as publisher of Jim’s Tactical Trading Outlook and Dow Double Diamond Plan. Dick makes his home with his wife, Jane, in La Quinta, California. The couple have one Turkish cat, Poopieto.