Blast-Off

You can not afford to be out of the stock market – not even for one single day. The market is going to start a rally very soon and I expect it to carry the DOW to over 11,000. Hop on board and enjoy the ride.

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.

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

Wild Week

In a Bear Market “Nobody get out alive.”

So if you have followed my advice since March you are in cash and have a nice big watermelon smile on your face. If not, and you are still in the market then you are either looking for a second job to make up for the losses and/or are on welfare (my condolences).

The markets pretty much had their worst week in history, as the chart of the Dow below indicates. Markets are now where they were 10 years ago. So that means if you are a buy and hold investor you officially have made 0% on your money and are in the red if you count in inflation.

The good news is there is a gift horse buying opportunity coming in the next couple weeks. Follow my picks and you will be making triple digit gains (that’s over 100% for those of you who attended public schools). How can you make 100% in the stock market? Buying leverage and on margin – only recommended after the market is at 10 year lows, as it is now. Follow my advice and you will soon be taking up new hobbies like yachting, squash, and aggressive spending. You may even have enough cash to replace your above ground pool with a real one or buy your hideous teenage daughter those braces she needs so she can finally get a date to the prom. As soon as this market is ripe for the picking I’ll post those picks and then you can watch those profits flow.

Market Down 10% This Week

That would be a big number for a year’s worth of losses, but it’s gigantic for one week. The market got its wish with the $700 billion dollar government rescue package but that was not even enough to stop the endless selling pressure.

The real kicker in this market is housing prices which continue to fall on a monthly basis. In addition to lower home prices the unemployment rates are rising along with credit card and mortgage delinquencies. I think both will continue to get worse and companies start laying off large numbers of employees to help reduce overhead cost.

The market will continue to stay weak and we still have not seen the ultimate lows in 2008. The good news is I expect we will put in the low for the year in the next 2-6 weeks and that will be followed by a powerful rally heading into 2009.