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September 15, 2008

Trying to Find a Bottom
by Bill West







9/13/2008 5:40:38 PM

Hello Everybody

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

Trade Actions:

Buy PSQ (Ultra Short Nasq ) @ 58 or better.
Buy AGA ( Ultra Short Agriculture) @ 29.5 or better

Market Outlook/Potential Opportunities:

The stock market is trying to extend its gains, but is struggling. It might go on for another couple of weeks and then roll over down one more time. I am still looking to add a couple of Short ETF's. We finally had to give up our inflation hedges although we remain long Natural Gas. Getting stopped out might finally be the bottom for the inflation ETF's , but the old axiom, do not fall in love with a position really stands out here. This is a very difficult environment. In order to make money, it takes some very aggressive trading

Current Long Portfolio:
Long GAZ Natural Gas @ 45 It closed at 44.40

Current Short Portfolio:
None

Recently Closed Positions

Long GLD ( Street TRACKS Gold ) at 90

Stop at 73

Long NLR Nuclear Energy @ 32.59

Stop at 25

Long FUE Elements BioFuel @ 10.0

Stop at 9

Long HHJ Emerging Cancer @ 16.5

Stop at 15

Thank You

If you want to contact me send me an e mail 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 © 2008-2009 Bill West

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