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August 19, 2008

All that Glitters is Not Gold
by Bill West

8/17/2008 1:38:44 PM

Hello Everybody

To learn more about my Fat Pitch ETF Advisory, please click here.

Trade Actions:

We will add 2 positions to this account. Remember this is a 10-position account. If we get filled on both, we will still be 40% in cash. Buy PXN Nanotech @ 14 or better. Also Buy HHJ Emerging Cancer @ the market.

Market Outlook/Potential Opportunities:

The stock market is trying to extend it's gains. It should go on for another couple of weeks. The inflation hedges are under pressure. I probably should have closed out the inflation hedges, but we will hang in there for now. Gold, Nuclear and Biofuel were intended to be long term holds. Still we need to put in some stops in case this change in direction gets worse.

Current Long Portfolio:

Current Short Portfolio:
None

Recently Closed Positions:
None

Thanks

If you want to contact me, e mail me bill@stockbarometer.com.

Bill West
Fat Pitch ETF Advisory

Important Disclosure
Futures, Options, Mutual Fund, ETF and Equity trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy/sell Futures, Options, Mutual Funds or Equities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this Web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Investment Research Group and all individuals affiliated with Investment Research Group assume no responsibilities for your trading and investment results.

Investment Research Group (IRG), as a publisher of a financial newsletter of general and regular circulation, cannot tender individual investment advice. Only a registered broker or investment adviser may advise you individually on the suitability and performance of your portfolio or specific investments.

In making any investment decision, you will rely solely on your own review and examination of the fact and records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claims, damages, loss, or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert, or update.

For a complete understanding of the risks associated with trading, see our Risk Disclosure.

Copyright © 2008 Bill West

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