Tuesday, November 4, 2008

Sell into strength

This guy is incredible. Read what he wrote in his $5.000/year Global Growth issue yesterday:

The stocks that met these targets last week are Switzerland's Alcon (ACL), China's Canadian Solar (CSIQ), China's China Architectural Engineering (CAEI), Taiwan's Chunghwa Telecom(CHT), Mexico's Coca-Cola Femsa(KOF), Mexico's Fomento Economico Mexicano (FMX), Canada's Gran Tierra Energy (GTE), Bermuda's Lazard (LAZ), China's New Oriental Education (EDU), Brazil's Perdigao(PDA), Brazil's Petroleo Brasileiro (PBR), Argentina's YPF S.A. (YPF) and China's Yucheng Technologies (YTEC). All of these stocks should have been sold.

As a result of last week's rally, we were able to sell some of our stocks into strength.

I have a lot to do at work these days, so I will come back later on with detailed analysis, but for now just have a look at the performance:
  1. ACL bought at $172.28, sell above $87.74, sold into strength for a 49% loss

  2. CSIQ bought at $43.08, sell above $10.29, sold into strength for a 76% loss

  3. CAEI bought at $6.51, sell above $3.71, sold into strength for a 43% loss

  4. CHT bought at $19.98, sell above $14.30, sold into strength for a 28% loss

  5. KOF bought at $57.97, sell above $29.01, sold into strength for a 49% loss

  6. FMX bought at $46.27, sell above $20.09, sold into strength for a 56% loss

  7. GTE bought at $4.08, sell above $2.35, sold into strength for a 42% loss

  8. LAZ bought at $42.27, sell above $27.53, sold into strength for a 34% loss

  9. EDU bought at $72.39, sell above $49.70, sold into strength for a 31% loss

  10. PDA bought at $47.01, sell above $26.93, sold into strength for a 42% loss

  11. PBR bought at $47.45, sell above $21.10, sold into strength for a 55% loss

  12. YPF bought at $48.09, sell above $43.83, sold into strength for a 8% loss

  13. YTEC bought at $11.07, sell above $7.31, sold into strength for a 33% loss

Which ones were sold into strength???

2 comments:

Anonymous said...

wow, it's beyond a scam...sounds fraudulent or perhaps criminal

please add more of these guru scammers to your blog so the investing public can be enlightened.

Blogger said...

Which is better Coca-Cola or Pepsi?
ANSWER THE POLL and you could get a prepaid VISA gift card!