New Longs And Shorts Posted For Thursday’s Market Session At BWT.com

April 30, 2008

FULL COMMENTARY W/ MARKET ANALYSIS WILL BE POSTED LATER AFTER I GET BACK FROM A LOOOOOOOOOOOOOOOONG SURF SESSION. THREE LONGS AND THREE SHORTS FOR TOMORROW IS A SIGN THAT THE MARKET IS FINALLY GIVING US A LOT MORE ACTION.

IF YOU ARE NOT A SUBSCRIBER, YOU JUST MISSED OUT ON A NEAR-PERFECT SETUP BY A CANSLIM LONG THAT EXPLODED TODAY FOR US, GIVING US AN IMMEDIATE FOLLOW-THROUGH. THIS WAS A LARGE POSITION, FOR YOURS TRULY, AND IT IS OBVIOUS BY TALKING WITH EXPERIENCED TRADERS THEY LOADED UP TOO. REMEMBER, THIS IS JUST THE START, IF THIS IS A BULL MARKET. THIS LONG SHOULD MOVE AT LEAST 100% BY THE END OF THE RUN. ANYTHING LESS WOULD BE A HUGE DISAPPOINTMENT.

FOR THOSE THAT HAVE PROFITED WITH ME IN PAST BULL CYCLES, YOU WILL KNOW THAT IT CAN BE VERY LUCRATIVE TO BE LONG THE RIGHT STOCKS. WE ARE LONG SOME VERY STRONG STOCKS AND AS THEY ROCKET HIGHER I WANT TO ENCOURAGE YOU NEWBIES TO BE PATIENT AND SIT ON THE GAINS FOR THE HUGE RETURNS.

OUR HUGE LONG WAS UP 15% TODAY ALONE AND THIS SHOULD ONLY BE THE START OF ITS RUN. DO NOT TAKE PROFITS INTO THIS. IF THE STOCK REVERSES ON HUGE VOLUME TOMORROW, I WILL OBVIOUSLY SELL SOME OFF AND TAKE IN SOME PROFITS. BUT FOR NOW IT IS CLEAR SKIES AHEAD AND THE FUNDAMENTALS ON THIS COMPANY ARE EXCELLENT. SO FOR YOU NEWBIES I MUST TELL YOU TO BE PATIENT. WE HAVE A FEW NEW LONGS THAT ARE JUST ACTING PERFECT SO FAR AND WE WANT THAT TO CONTINUE. TITN AND BRKR ARE TWO RECENT DISAPPOINTMENTS BUT EVEN A COUPLE OF LARGE HITS (BOTH WERE 15% LOSSES BUT BOTH WERE ALREADY PARTIALLY SOLD BEFORE THEY WERE EVEN DOWN 7% SO IT IS NOT LIKE THE HIT WAS BAD). BUT, AS NEW SUBSCRIBERS, CAN NOW SEE, WHEN OUR STOCKS DO WHAT THEY ARE SUPPOSED TO THEY ROCKET HIGHER IMMEDIATELY. SO FAR THE LONGS THAT I HAVE LOADED UP ON HAVE MADE UP FOR ALL THE LACK OF BIG RETURNS THE MARKET WAS GIVING ME FOR THE PAST SIX MONTHS AND I AM VERY CONTEMPT WITH THE CURRENT TREND OF THE MARKET. HOWEVER, LARGER VOLUME WOULD BE NICER AS THE NYSE HAS HAD 28 STRAIGHT DAYS OF BELOW AVERAGE TRADE.

I DID HAVE THREE SHORTS TONIGHT SO HOPEFULLY THIS IS NOT A SIGN THAT THE TREND IS DONE BUT INSTEAD IS A SIGNAL THAT THE COMMODITY RELATED STOCKS ARE SELLING OFF AND THE MONEY IS ROTATING INTO HIGH-GROWTH TECHNOLOGY STOCKS. IF YOU NOTICE MY RECENT LONGS AND NOTICE THE RECENT TOPPING ACTION IN COMMODITIES, I THINK IT IS SAFE TO SAY THAT WE COULD HAVE A NICE BULL. HOWEVER, I AM READY FOR ANYTHING.

I WILL BE BACK IN 3-4 HOURS. ALOHA! SURF IS UP AND IT IS HUGE FOR A SOUTH SWELL!!!!!!!!!!!!!!!!!!!!!

Subscribe To Site: