Thursday, July 30, 2009

WYNN LVS

We are up 5 points in the WYNN buy. sell if you wish. LVS is up 8% also.

7/30 AM update

As stated in newletter we had several stocks we were looking to buy on a pullback. Some were hit yesterday and look like very good purchases. We bot BYI 35.20, JNJ at 60.70, LVS 10.30, PSYS 24.56 SAH 10.90 SAPE at 6.60, WYNN 44.50 and DIG at 27.50
PSYS WYNN and DIG are all up around a point from entry.

Friday, July 24, 2009

7/24 update

While we love the price action in the market, it would be suprising if we are up today. Massive gains this week and there will be plenty of booking of gains today prior to the weekend. We are long BGZ and TZA pre market for a portfolio hedge

Thursday, July 23, 2009

7/23 Off to the races

Hope everyone was in gear with us as the market is up strong today. Many nice gainers in the portfolio.

Wednesday, July 22, 2009

7/22 Upper Levels broken

The upper levels for the DOW and S&P metioned in this weeks newsletter were both broken on a closing basis yesterday..( DOW 8900 and S&P 950). While this is great news for bulls, in a perfect world I would have like to see the market consolidate some gains BEFORE making these news highs. Charts look great but the breakout will not be a AAA quality.

Monday, July 20, 2009

7/21

The earnings parade keeps coming with great results. Most of the credit should go to the analysts who apparently low-balled their numbers a bit too much, as companies are having NO trouble beating them. CAT,FCX,BSX all coming in good so far this AM
This will be the first stock trading newsletter in what I believe will be profitable for those who follow. I have been trading stocks for 25 of my 45 years and want to share the wealth of information that I have accumulated over those years. I have traded for broker dealer wire houses, traded for one of the largest day trading outfits (when day trading was in its infancy), traded for my own hedge fund, and now trade for myself. I have been extremely profitable (everyone will tell you that) and extremely stupid and unprofitable (NO ONE will tell you that!!). Mistakes have been taken place, memorized and wont happen again…so you can learn from these!!

Friday, July 10, 2009