Stock Picks June 20 2008,coals stocks,etf,mining,iron co
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June 20, 2008: results @ close in Purple

  • (IBNK~ enter at/above 10.50; sell short, system; A WINNER! ...opened above the recommended trigger and hit a days high of +7.25%
  • (FSNM) ~ sell short, system; AWINNER!  ...hit a days high of +3.90%
  • (CPF)     ~ sell short, system; A WINNER! ...hit a days high of +5.75%
  • (GMR)   ~ enter at/below 28.00; buy long, system; A WINNER! ...if entered exactly at the $28 trigger, you saw the target hit as it then ran over an addl' +3.50% ~ if you watched this play before placing an order, you should of allowed it to fully drop before submitting the order and could have aquired it @ 27.20, this then added over an addl' +6.50% today! either way, there was plenty of room with your entry point to later close this position, hitting our target point! Cool
  • (RECN) ~ buy long, system; if you opened a position exactly at the open without seeing if it would quickly move, giving you a better entry price, (unless you do not have internet access at the opening bell, then you should always watch the price movement at open because if you noticed, 90% of the plays that I post usually move significally the other way for the first 15-30mins of trading!) apprx entry at 9:35 - $21.75, then it'll carry over into Mondays trading session. If you followed what I have stated in the past, you would have allowed the equities cost drop until you saw some signs of a turn-around, then you could have hit our goal before the close if you executed the trade around 10:15am, which turned around and later added over +4.25% gains making this A WINNER!
  • (XME)   ~ a recommended long-term play (at least a month)
    • SPDR Metals & Mining ETF made up of all of the hottest equities going! Over 1/3 of the portfolio is made up of coal co. stocks, followed by iron/steel stocks, and it's topped off with holdings in the metal & mining fabrication field
    • XME is a long-term trade. You may apply your personal sell stop limit if you wish but I recommend that we hold onto this equity for at least a few weeks before re-visiting and analyzing it again.


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Looks like today was another Perfect~Platinum~Pick day!

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I have found some great looking option plays that will be up on the options site before 2am est! HERE



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