| Oct 16, 2008
|
| REPORT: |
“I’m still treating Friday’s low as the low for some
months with that huge trading volume on the 8th consecutive down day.
At least, the market should rebound before that 7,885 (level that we saw
on October 10th, 2008)…….”
|
| RESULTS:
|
The Dow Jones Industrial Average dropped to 8,199 and rebounded 800 points today to close at 8,979 for a 9.7% move up from the October 16, 2008 bottom. The Dow did not go to October 10, 2008 low on the Dow of 7,885.
 
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| |
| October 14, 2008
|
| REPORT: |
“…..but PRU, Prudential looks like a shortable
stock for the aggressive trader.”
|
| RESULTS:
|
PRU, Prudential opened at $52.67 the next day and corrected to $35.47 the following day for a potential profit of 48.4% in two days and continued correcting to $23.02 two weeks later for a 147% potential profit!
|
|
| |
| October 13, 2008
|
| REPORT: |
“NBL, Noble Energy, target price of mid $50’s
next few months.
Prudential should drop in price later this week.
ACL is a good short sale stock idea.”
|
| RESULTS:
|
NBL reached $53.51 two weeks later (and still climbing). PRU, Prudential dropped from $56.32 to $23.02 two weeks later for a potential profit of 147% on a short sale. ACL dropped from $144 to $75 two weeks later for a potential profit of 92%.
|
|
| |
| October 9, 2008
|
| REPORT: |
“One idea that I am seriously looking at for tomorrow’s
intraday trade stock pick is shorting SKF, which is a leveraged
short ETF on the financials. So when you buy this stock, you are
assuming that financial stocks will go down in price and this fund goes
up. See the video above. If I short this SKF tomorrow,
I am assuming that financial stocks will rebound.”
|
| RESULTS:
|
The next day, the stock pick idea, SKF had a high of $205.35 and dropped almost $100 the next 3 days to $105.61 for a potential profit of 94% as a short sale or more than 300% profit if put options were purchased long.
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|
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|
| Sept 25, 2008
|
| REPORT: |
“The VIX, Volatility Index, started dropping today
as the Dow moved up 196 today but the VIX will rise again tomorrow at the
open as the Dow and other indices move down.
GE, General Electric, rebounded nicely today from $23.50
to $26.24 but will be knocked down half that tomorrow morning on the negative
news listed above.”
|
| RESULTS:
|
The next day, the VIX rises 3.58 points; GE drops $1.16 the next day and another $2.15 the following day.
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| |
| Sept 25, 2008
|
| REPORT: |
“SYUT, Synutra International, turned over nicely
today and should continue to drop tomorrow. The high today was $24.38
and corrected to $19.90 as a low. The $18.50 target I posted last
night should be easily obtained in the next few days, probably tomorrow.”
|
| RESULTS:
|
SYUT is a short sale stock pick and reaches $18.82 the next day and $11.50 two weeks later!
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|
| |
| Sept 24, 2008
|
| REPORT: |
“SYUT, Synutra International, peaked today and
started turning over today after hitting $24.93 and closing at $21.22 for
already a 20% profit potential today alone. This should drop another
day or two in which any profit on a drop from here is good. At first
glance $18.50 seems to be a good target to cover.”
|
| RESULTS:
|
SYUT was a short sale stock pick from September 23rd and had a high of $26 and corrected to $18.82 in three days for a potential profit of 38.1% in 3 days or if you held two weeks longer as the stock charts suggested, you would have had a total potential profit of 116%!
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| |
| Sept 24, 2008
|
| REPORT: |
“GE, General Electric, rebounded nicely today from
$23.50 to $26.24 but will be knocked down half that tomorrow morning on
the negative news listed above.”
|
| RESULTS:
|
GE drops to $23.50, down $2.76 the next morning.
|
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