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October 12, 2008

They Hit Our Bait On Our Profits
by Bill West

10/12/2008 8:34:09 PM

Hello Everybody

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Trade Actions:
None

Market Outlook/Potential Opportunities:

The stock market is approaching a tradable bottom. I tossed out some extended prices on our profitable positions hoping the market would hit the bait. Sure enough the bait was swallowed and we landed great profits during this crash. Time will tell if we should have held out for more. I expect a little couple of day rally followed by one more collapse and then a more extended rally. Maybe on the next move down toward the later part of this month we will get long.

Current Long Portfolio:

Current Short Portfolio:
None

Recently Closed Positions

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Thank You

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

Bill West
Fat Pitch ETF Advisory

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Copyright © 2008-2009 Bill West

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