Plump Juicy and Tasty

Tasty was the market this week as it went up for 5 days in a row- something it has not done in all of 2008. I hope this is the beginning of the mother of all bear market rallies. The market has gone down so far and so fast in the preceding 11 months it is due for a major rally. Historically, December has had the largest returns and I expect that to continue in 08.

I have added a couple more buys to the list and now the boat is fully loaded so no more passengers can get on unless a couple get off. So for now we will see where the market takes us.


Ticker........ Buy Date...........Price

UVT .................11/14...................$15.50
QLD ..................11/14 ..................$29.00
UUPIX ..............11/14 .................$7.40
AMD …………….11/28.. ………..$3.28
UYG ………………11/28………… $6.16

Long Dong Ding Dong

The market must not know that I went all in last week; otherwise it would have gone up. I guess I need to send Mr. Market a singing telegram to let him know I have been waiting over 6 months to get long.

Patiently waiting, watching day-after-day as the market continued to fall. At last I saw my chance, as the market made a double bottom and there was blood in the streets I decided to go all in and even leverage up with some 2:1 funds. I was quickly rewarded by the market as it fell another 15% in a week- making my losses 30% with the leverage. No risk no reward. Nothing to do now but pray to the market Gods for that year end rally we so desperately need.

It’s Go Time

The economy is terrible, a deep recession has already started and stocks have been in a bear market for over a year. It’s a perfect storm for a bear market rally. The following stocks have been purchased and I expect at least a 50% gain from them in the coming months.


Ticker........ Buy Date........ ..Price
UVT .................11/14................... $15.50
QLD ..................11/14 ..................$29.00
UUPIX ..............11/14 .................$7.40

Slapping Punks

Slapping punks, smacking losers, and knocking out chumps. That’s what the market was all about in October. Not kind to anyone.

Some of the statistics for the month of October as compiled by MarketWatch:
In spite of the big double-digit gain this week, mostly on one-day, the Dow was down 14% for the month, the worst October since 1989.
October had the most down days in a month since 1973, in the 1973-74 bear market.
It was the most volatile month since 1929.
In one 8-day period early in the month the Dow lost 2,396 points.
The MSCI Emerging Markets Index lost 30% for the month.
Gold lost 18%, its biggest one-month decline sine 1983.

The fist week of the month is usually the strongest part of the investing cycle. My recommendation is to buy QLD at $35 on Monday morning and watch it run up to $45 later in the week at sell for a quick 28% profit.

$$$$$$$ HAPPY INVESTING $$$$$$$