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Wednesday, September 10, 2003
Good evening friends,
A brutal day in the markets today folks as the NASDAQ and Dow sold off on the news of another Bin Laden tape coming to the surface once again. Although the overall market was down and some of our Bulletin stocks were down, we managed to have a few winners on our list. It would “B FUN” to have a big winner on a day when the market takes a savage beating and today we did just that once again, are we having fun yet? We bought BFUN today shortly after the open and “Bam” it took off like a bat out of Texas. Funny how that seems to happen right after we get in isn't it? Its called perfect timing. Sometimes we can time it just right, I wish we could time them all but it doesn't always happen. Most of the time we have to wait an hour or two before they take off, LOL. No really, we may have to wait a week or even a few weeks but most of the time they will eventually run up after I set the buy point. An example of this wait is XYBR, we waited a while for this one but today our patients paid off as it finally blasted off for us. We almost had a 3rd big winner today, I was watching GEB at .97 and thought about sending an alert to buy it but because of the Bin laden news I thought I would just save it for tonight's Bulletin because I didn't think it would take off today, I was wrong and it went up without us. I hinted on the boards that I may buy but I didn't, oh well, we still may get it because it's now in the Bulletin on our watch list. Recapping today's trades, I bought BFUN at .79, Sold the rest of my TRPH for a 75% gain, Sold half of my XYBR for a 66% gain and Sold TGEN for a 1% loss when I realized the breakout from yesterday was failing miserably. 52 week highs were made today by stocks on our Bulletin that include, PMU, XYBR, NSO, and if you can believe it, NENG again. This stock is by far the true leader of our Bulletin stocks. Raise your hand if you are guilty of not owning this. For as many times as I have told you to buy this winner, there should be no reason why any of you should be without it. I'm not in love with NENG but we are very close friends, LOL. Seriously folks, It's not the stock you should be in love with it's the chart. This has been a favorite chart of mine for many months now. Since the market put in such a terrible performance today and there are not many stocks showing up on my scans tonight. For this reason, I only have two charts for you tonight and those are the BFUN and GEB charts. Hopefully, tomorrow will be a rebound day but if not, it may be a few days before I have any new stuff to show you. Many charts suffered damage today so they need some time to re-cooperate. I'll see you all Thursday night
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