Not Only Have Our Longs Outperformed The Overall Market The Past Month I Can Now See A Lot More Bases Being Built

April 19, 2008

This means that if these bases all complete their right side, we are going to have a powerful market rally with or without volume. I am stunned by how many nice charts there are now AFTER JUST ONE bullish week where leading stocks outperformed the rest. The only bad news is besides the stock that we went heavily long two days ago that is now up 21.5%, there is nothing out there that has that perfect tight bullish price action where the price is bouncing off the 50 DMA and breaking out in a base longer than three weeks, that comes with extremely huge volume on the up days and extremely quiet volume on the pullbacks, and has a lot of green BOP showing all over the chart with max green BOP at least the last five days. There are a TON of high quality CANSLIM stocks that are setting up and breaking out of great bases, however, and when I can’t find my PERFECT charts, there is only one type of stocks to load up in. That is the CANSLIM quality. That is why MTL and TITN are very large positions yet neither one look like any of my ‘past big winners.’

I asked O’Neil which he would pick: a perfect chart in a stock with 70 EPS and 95 RS or a well-formed chat that is a bit wild, has some distribution, and other flaws but had a 99 EPS and 80 RS. His response was that you go with the stock with extremely strong fundamentals yet flawed chart. That is why TITN was a large buy yet has nothing but red BOP for the month of April.

Market commentary will be up before Sunday. Pray that I can get one more day of AMAZING surf. Yesterday was really fun and the biggest I have seen Breakwall in the eight years I have been here. It was incredible. I surfed guardrails got some good waves but they were less consistent so decided to go to Breakwall where I believe the waves were not only the strongest I have seen but the biggest I have seen on our south/lower west shores. I have been out on big waves up north but not in my backyard. They were so big I actually got hurt (which is the best as you know you pushed you li!!! I skegged my quad three days ago and somehow getting out from Breakwall today I hit a big coral reef and put a gash in my heel.

I LOVE SURFING!!!!! It is 10x more fun than doing this!!!! I have chosen this lifestyle instead of being a NYC or Chicago hedge-fund manager. Remember that everyone. I am doing this to help you all. To save you from the LIES of wall street so that I may guide you to Investors Business Daily. Once you learn how to use the CANSLIM system you will FOREVER be free from the lies, opinions, and HATE that comes out of wall street.

I don’t know about you, but I would rather only spend 2-3 hours a day doing this so that I can be around my wife, kids, and other family members. Those that like looking at a stupid computer screen all day, well, I don’t know what to tell you other than enjoy that lifestyle. I will be getting tubed and spit out the end of a Shark Pit barrel which is 100x more fun than ANYTHING I EVER did in NYC. Life is good.

Commentary before Sunday morning.

PS: Al-Quaida don’t surf and neither does fat Sandy Wright WHO IS STILL SENDING ME EMAILS. Isn’t this harassment? Thank God I don’t live in NYC, I would have a NUT BAG STALKER. What a dangerous women. I would classify one other reader as dangerous but at least he is NICE!! Sandy is just EVIL with her bitterness and anger. Her emails are really sick and I am sorry for bringing this up everyone but if you ever wonder why I get upset it is probably because one of two things happened. 1. The people at thestreet.com just told me that they will not fix an error THEY COMMITTED on my column (yet, of course, when I make a mistake they JUMP ALL OVER ME!). If you notice the IBD100 chart has the top on the thumbnail version. No big deal. But I asked for this to get fixed. He said they are too busy to fix it. Sad and disappointing and yet another reason I left NYC.

Sometimes I forget why I left then something like this happens and it reminds me why I am on the warm, sunny, breezy, and beautiful island of Maui.

The #2 reason would be someone like Sandy Wright sends me an email. There was no reason to send an email and start saying HATEFUL things like she did because she HATES Israel. Sad and pathetic. Seriously, this woman is a major buzz kill and whenever I see that NASTY womens emails in my inbox I get upset. So if TSCM and the UGLY FAT mean women would stop being such buzz-kills LIFE WOULD BE PERFECT.

I have NEVER had such a stupid human like Sandy Wright come across my path. I have NEVER had someone see all my 300%, 500%, 1000%, and 2500% winners and still said “he is going to lose you money.” How? How am I going to lose ANYONE money when I hit so many winning/monster stocks in bull markets, advocate cash in bear markets, and tell them not to go long stocks in a downtrend or short stocks until you make money on longs? This is why it is upsetting. I am not used to this and eventually HUMAN GARBAGE like DUSTY WRONG (Sandy Wright) can just be completely ignored. But for now, I think ALL OF YOU deserve to know why I get so upset sometimes. I am truly trying to do my best to change your lives for the better so your children and their children will never have to worry about losing their life to terrorism. When you have money you can go anywhere in the world. You can do anything when you make a lot money. I love charts!!! I love the stock market!!! The byproduct of that is that I make a lot f money. And I don’t like keeping it. Giving it away is something I love to do.

So when people like Sandy CONTINUOUSLY send me nasty emails I really lose my cool. one day I will treat like I treated the drunks at the poker table. Ignored them and waited till they left the game. I have a feeling NASTY SANDY will be the same way. How can you be so EVIL when ALL I want to do is do EXACTLY what James DePorre is doing: SAVE YOU FROM THE LIARS ON WALL AND BROAD. NYC is full of lies and deception. This is where Sandy Wrong resides. She is the reason comments are disabled. NO OTHER REASON. She is the ONLY NUTJOB that blast me with emails when I don’t ask for them. Sandy, I am going to ask you one more time, LEAVE ME ALONE, STOP SENDING EMAILS, and STOP READING MY BLOG.

I love life, you HATE life as you said in your email about the Jewish people. Your comments were DISGUSTING and I have no time for them. I might not be perfect but I went from NOT believing in God to a Believer. Let me be that way and DO NOT send me ANY MORE NASTY EMAILS YOU WICKED/EVIL/TWISTED woman!!! Let me grow in my faith without YOUR hate! This will be the LAST time I talk about this HORRIBLE woman. She really ruined my Friday as her emails were LOADED with hate. I only want love in my life. I have no time for you Sandy. Leave me alone.

If I have helped you and you have found me helpful please help me get it through sandy_wright67@yahoo.com THICK SKULL that she needs to stop sending me emails and harassing me immediately!

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