I'm back!!

Hello my fellow club members. I wanted to take a few minutes of your time to let you all know that I am back from the black abyss and void of no internet.

I am still presently in Iraq, but I now have internet access and can help participate once again in discussions and trading.

I hope to try and revitalize our club again with productive discussions and ideas in the world of trading. I am no trading mogul but together through sharing ideas and what has worked and not worked we all may be able to grow in this troubling time.

I highly encourage you all to use the discussion threads to post ideas and comments on what direction we should take as we move forward in this uncertain economy.

Solar, Solar, More Solar! Check out WEMU. MASSIVE 3rd Quarter

How about WEMU? Solar energy play with massive 3rd Quarter results: Comparing the nine months ended September 30, 2008 to 2007, revenues grew 283% from $8.M to $31.3M while net income rose 163% from $453,913 to $1.19M. These are serious numbers during any market, let alone today's. Stock is at $4.50 and their peer groups trade at a PE multiple of 15, this should be a $7 stock and then some! I do represent this company, but check out the filings for yourself:

Why are we long SPY?

Why not go long SSO instead? Cheaper and makes 10-20% moves. We should go long SSO soon instead of SPY. Maybe @ 23.50. Sell at 30. SSO is a better short too.

Just a thought. Maybe you guys got your reasons. Id rather be Ultra long in a long position than just plain old long. Same for the short later on.

Going Global, Heck stay here at Home: We're SKYYING!!!

Man, did I call it or did I call IT!!!

OK, now here's my targets:

DOW: 11,000 S&P : 1,200 QQQQ: 42.00

Let's ride this Horse to the TOP; and re-evaluate when we get there!!!

-)

US Markets close to a BOTTOM, get Ready to go LONG!!!

VXO closed at 68.01 on Wednesday,,,is a Bottom close? Technically, YES. I'm thinking next week between October 14-17th, 2008. You can stay short, but start lightening up these short positons and get ready to get very LONG.

I'm thinking, once the U.S. Government say, "OK boys, give us your crappy debt Paper"...We're gonna SKY!!!

When this occurs is anybody's guess, but my GUT says it's very soon,,,but that doesn't mean we don't plunge another 10-15% the downside...so be flexible and alert.

If they do stretch the "rubber-band" down that far; the snap back is going to be MASSIVE!!!

10% down from 9200 is 8280, and when snap back, I see a 50% run "aka: RETRACEMENT" back up to DOW 12,000.

A picture perfect CAPITULATION looks like this:

Today, maybe we Rally, even finish up,,but we could fade like yesterday.

Friday; The Rally fades, or we continue down further.

Weekend: Everybody STEWS in their BREW. Every NEWSPAPER, RADIO, and TV reports, "The END is NIGH"

Monday: Still no re-action to the Rescue Package, falls further.

Tuesday: Violent action downward on the OPEN, market plunges to new LOWS around 8200-8500...but by 10:30-11:30 Market ignites, reverses all day losses and probes the UPSIDE. Finishes positive on the Day or barely slightly negative, but VOLUME is HUGE. That would be a bottom for me.

Be ready!!! Stay alert, Stay ALIVE!!!