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When I was 15, my parents loaded the kids into our Ford Torino Squire station wagon and set off on the trip of a lifetime – a six-week, coast-to-coast odyssey across the United States.
To this day, it's still one of my favorite memories.
However, along our journey, there was one place that stood out to my younger self the most – Yellowstone National Park.
I'll never forget witnessing the rolling landscapes, the roaming critters, and the bevy of geologic oddities inside the park.
I keenly remember as "Old Faithful" – the world's most famous geyser – shot a stream of boiling water 140 feet into the air.
Call it the pre-engineering curiosity in me, but I became obsessed with Old Faithful.
I wanted to know everything about what made this ancient geyser tick…
- How often it erupts
- How high it is
- How long it lasts
- How many gallons of water does it expel
- How hot is the water
- How it maintains its predictable schedule
I spent countless hours researching its perfect geothermal system until I knew the structure inside and out.
And one of the most fascinating things I learned about Old Faithful is, much like our 10-Minute Millionaire system that "spouts" profits, the Wyoming-based geyser has three key parts to its system…
- Abundant groundwater
- A constant heat
- And a boiling chamber
There are two reasons why I'm telling you about Old Faithful today.
First, the geyser's streamlined and powerful system aligns perfectly with our own 10-Minute Millionaire strategy.
But its constant water "spouts" is a perfect analogy for our favorite pop-and-drop play – Columbia Sportswear Co. (Nasdaq: COLM).
Here's what I mean…
Our Very Own "Old Faithful"
When you look at the three parts of Old Faithful's system, it's uncanny how similar it is to what we do here at The 10-Minute Millionaire.
First is the geyser's abundant water source.
For us, it's extremes.
I've said time and time again that market extremes aren't just once-in-a-while opportunities that come along when the prices of individual stocks, business sectors, geographic economies, or entire asset classes get out of whack.
You can find these extremes everywhere in the market.
They show up in broad indices. They show up in specific market sectors. They show up in stocks and bonds…
And this reality opens up an abundant of profit opportunities – on the long side and the short side.
Second is its constant heat source that supercharges the water.
Much like the leaving a 1,500-square-mile, volcanic crater that provides the optimal amount of heat to Old Faithful to help propel the water skyward, our system is designed to streamline each trade to its peak efficiency.
And lastly is the "boiling chamber" that shoots the water out of the chamber, delivering the eye-catching show to onlookers…
You see, back when I was 15, the existence of a boiling chamber was theory – not fact.
However, in 2013, scientists definitively identified the chamber and natural piping structure that allows Old Faithful to erupt so consistently.
And this is where the similarities start to get eerie.
Much like the boiling chamber that keeps Old Faithful on a tight schedule, our third and final step, booking the profit, is designed specifically to move us in and out of trades at a constant, consistent pace.
Like Old Faithful, The 10-Minute Millionaire is a time-tested system designed to provide opportunities with huge profit potential and execute them over and over again.
Now, like I said at the onset of today's column, Old Faithful's system isn't just a perfect analogy for our own millionaire-making system.
It also plays perfectly into one of our favorite trades…
About the Author
Nationally recognized technical trader. Background in engineering, system designs, and risk reduction. 26 years in the markets.