...a tad frustrated...
Thursday, May 29, 2008 at 09:10AM We can't make buy and sell decisions for our subscribers, but what we can do is lead and hope most follow the drift. If succesful in the past from doing so, you'll continue to shadow DJIM. Hence, Shadowlist and Alerts, Journal etc. Our site is different from others, we put it on the line daily as not many do. Our language has to be one way and we do have do mince our words in Journal and Alerts to some extent. If you don't get yet it, you'll never likely will. We do what we do and we can only go so far without being Advisors. Please read the disclaimer at the bottom of our Journal pages from the last 2 years. It hardly means we are always right, but we do what we say and you just might have to learn to read between the lines. The reason we say this is we get dumbfounded by some comments as yesterday showcased, but we are also pleased some get it as seen in response. We want everyone to succeed from our site as this is not about us!. What some still don't get is our question... if you don't get it or are new to DJIM...email us and we will walk through it with you. We've done it in the past and we'll do it now with our subscribers. If there is a question about if we do what we talk, we can prove. In other words..walk the talk!. We have our managed accounts, which include some members of DJIM that can confirm we trade what we say and also say we've produced 70% return since last summer in the worst of times.
We said in the morning...."As far as we're concerned, we are getting what we want here!. We've had a great run with our commodity stocks and now we are getting a NICE pullback as the $CRX has fallen from the 1029 to 969 close today. These are the same levels at 960-970 that we said on May15th in alerts was eyeing the 1000 mark"....
We got we want want and we aren't alerting a potential bounce in Alerts at 10 o'clock to waste an email or post. We don't waste space unless we think we need something to be considered amongst us all. Right or wrong, we had a change of pace from morning Journal and we spit it out early. This could be the time!. You know what "showing some bounce" is and you know what sec' could go and everything it falls with. We can only lead and if we thought a reversal is potentially there finally, we alert and that is what we did. " A heads up of sorts"..are the words from the forward in Alerts page. We've said enough that the $CRX will tale and it did as everything under the commodity sky boomed during the day. The only ones who didn't notice were the puppets on CNBC as all they reported was a flat and boring day..all day. It was incredible as our shadowlist lit up like a freakin' christmas tree after 10 as they kept talking Oil mumbo jumbo. It's irrelevant if we held positions into the close..money is money and if a X goes as an example from 171 to 176 in a few hours after an alert, you take the almost 3% as a walk off Home Run. That's a lot of points and easy points. If FDG ( a COAL!) is mentioned, it's an option as is every other coal stock we have profiled if chit moves. ANR, PCX , MEE ...blah blah. That's why a shadowlist, a watchlist to know what to trade. You make the decision, we can't on your buy/sells. Any coal stock after 10:00 am would have been a winner!. Simple. We really enjoy writing and have made a great a bunch of friends over the years on the net, if someone doesn't get it yet or how to approach.....please email us and we'll help. We doubt we have given any stocks that are down in 2008 and if your balance reflects a poor year....we should figure it out together and see what's the problem. Yeah, a little peeved just because we want all to succeed here. It's simple as that! If you didn't catch the BIDU, FDG..coals, X, you need to figure out why you didn't. The market was a mess up according to CNBC all day, it wasn't here. That's all and honestly don't give a damn what today brings after yesterday. If you have a comment, we welcome it to our email.