Wednesday, August 19, 2009

Wall Street Manna versus Wall Street


Bloomberg did a piece on what would happen if you followed Wall Street's advice since the March 9 bottom. Here's what they found:

An investor who used $10,000 to buy companies in the highest-rated industries and bet on declines in the lowest since the advance began on March 9 lost everything and would owe as much as $6,000 to cover bearish trades, the data show.

Huh?

They lost everything? And then owed another $6,000????

A couple weeks back, some Wall Street firms tried to have this blog shut down. Maybe they don't like my pointed criticism. So to be fair to the folks on Wall Street, I did a little analysis also since March 9.

I have too many pages and pages and pages and pages of good stuff since the bottom, but I'll try and condense it just a little. So maybe this post, can be sent to some of the research staff at these firms, with their half ass, lousy, paid for advice!

And I'll make the returns in bold, and in green, and in larger type font, because Lord knows you're not supposed to do it. They might think you're touting a track record! And Lord knows you're not supposed to ever get excited about making money.

And this isn't a chest pounding exercise either. I just want to make it easier so someone can check out all the action in this blog, because Lord knows I throw a bunch of extraneous stuff in there. I'm not going to bother putting all the good calls that differed from the Wall Street shills, and I'm not going to put some insignificant trades that didn't amount to much, otherwise, I'll just be re-writing the blog.

But has there been any blog, or Wall Street firm, that has a better published track record since the 666 bottom?

If there is, please bring it to my attention. I'd like to read it, and get some ideas, and make this blog better!

Free Money Advertised Here!!

You had these picks at the March 9 bottom:

WFC at 9 (26.34---I said sell at 28 +311%)
USB at 9 (21.51--I said sell at 20 +220%)
IP at 4 (19.71--I said sell at 19 + 375%)
GE at 7 (13.59 +94%)
AA at 5 (12.92 +258%)
X at 17 (43.69 +257%)
NUE at 32 (45.88 +43%)
AKS at 6 (19.67 +328)
COP at 36 44 +22%)
PCX at 3 ( 9.58 +300%)
NOV at 25 (38.2 +53%)

The next day, on March 10, I said buy
BAC at 4.79. (16.90 +352%)

But I threw in two option plays that I said would double and triple in a week. They made
255%
and
376%
.

On March 12, I touted
CBS 4.02 (9.87 +245%)
NYT 4.15 (7.69 +85%)

and touted calls on
HIG & FAS as quick doubles

HIG 6.15 (19.31 +313%)
and retouted it July 14
HIG 11.18 (19.31 +72%)

On March 13, I touted
RIMM 39 (74 +89%)

On March 16, I touted
FIG 1.59 (4.72 Sold 7.75+487%)
BX 6.06 (13.21 Sold 12.66 +208%)
KCAP 1.90 (4.81 Sold 3.44+81%)

On March 18, I booked gains on the calls that I touted on March 12 on
HIG (+255%)
FAS (+200%)

On March 18, I booked a two day gain on
AIG (66%)
FRE (53%)
FNM (50%)
C (32%)

On March 19, I touted
TIE 5.22 (7.73 +48%)
BTU 27 (34.39 +27%)

On March 24, I touted
PVA 11.74 (19.62 +67%)

On March 27, I touted
TEN 2.29 (16.09 sold early +300%)
LEA 1.10 (Sold at 3.30 +200%)
JCI 12 (25.24 sold at 17 +41%)

On April 2, I touted
LVS 1.77 (12.90 +728%)
MGM 2.63 (8.56 +325%)
WYNN 27 (sold at 50 +72%)
WYNN 35 (sold at 59 +68%)
WYNN April 30 calls .85, sold at $4 April 6 +300%)

On April 4 I picked up
LNC 6.66 (22.89 +343%)
retouted it on July 14
LNC 15.73 (22.89 +45%)

On April 5, I touted
TXT 8 (sold at 16 four days later 100%)

On April 8, I touted
RUTH 1.60 (3.36 +210%)
GT 7.69 (17.93 +233%)
CTB 5.78 ( 13.71 +237%)

On April 9, I touted
FCX 40.62 (60.47 sold at 50 +25%)

On April 16 I touted
ISRG 110 (220 sold April 30 at 150 +37%)

On April 20, I touted crude oil
47 (71 +50%)

On April 21 I re-advertised BAC
7 (17 +242%)

On April 24 I touted
UYM 15 (22.65 +51%)
UYM calls (300%)

On April 29, I touted the infrastructure plays
URI 6.37 (8.14 +28%)
MTW 5.5 (6.66 +21%)
TEX 13.47 (15.02 +11%)

On May 2, I touted calls on
GMXR (400%)
ANR (400%)
In three days!!!

On May 3 I touted gold at
$888 (939 +6%)

On May 8, I touted
HBAN 3.89 (4.34 +11%)
FITB 5.34 (10.19 sold 9.97 +87%)
KEY 6.78 (6.44 -5%)
STI 18.58 (20.46 +10%)

On May 9, I touted the Wells Fargo May 25 calls
300%!!
In a day-trade!

On May 12, I touted
BDK 32.37 (41.85 +29%)

On May 19, I touted
VMW 28.48 (sold 32.81 +15%)

On May 20, I retouted
BAC 11 (+55%)

On June 1, I touted
NVDA 10.43 (13.33 +28%)

On June 3, I covered my short on
DTO at 77, from 231!!
154 points! 300%!

On June 9, I touted
JOE 26.42 (32.49 +22%)
JOE Sept 30 calls +300%)

On June 12 I touted
MI 6 (6.82 +14%)

On June 17, I re-touted
X 36 (43.69 +21%)

On June 17 I touted
JWN 19.26 (sold at 29 +50%)

On June 25, I touted
NKE 50.55 (55.61 +10%)

On June 26 I touted
FIG 3.31 (4.72 +43%)

On June 26 I took 100% on
Zion Russell rebalance!
In less than a week!

On June 29, CNBC asked me to do an interview with them, but then they chickened out!

Pikers!!

On July 12 I touted
VMC 40.60 (sold at 48 +18%)
EXP 22.72 (sold at 28 +23%)

Heck, I'm getting tired. I'll quickly finish the point as I'm going deep sea fishing in a few hours.

20% on AAPL before earnings.
25% on GRMN before earnings.
7 points in one day on Flowserve.

50% on HAR on July 20.

500% on CAT options, July 21.

200% and 300% on AHC in one week and in two weeks booked July 30.

300%
on Berkshire Hathaway calls booked August 4.

400% on BAC calls-in four days--booked August 6!

200%
on RTK in just a week and still going.

Free Money???
As advertised!!!!!!!!

3 comments:

Anonymous said...

And you were saying C looks good right now?

Anonymous said...

I doubt many have equalled or even come close to your performance the last few months. Well Done. however, it seems we are going to correct down to 950 for now. Bulls are on vacation partying.

Palmoni said...

So much for 950!!!