10/29/08 Dow - High = 9,363.30
Low = 8,890.30 Median = 9,126.80 Close = 8,991.00
DJIA 10/29/08 Annual Low
= 7,882.50 Close = 8,991.00
Previous Radio Features:
Hear are a
few media quotes made in September & October for your review:
“There is no cause to worry. The high tide of prosperity will continue.”
“Secretary
of the Commerce Department today denied rumors that a severe depression in
business and industrial activity was impending, which had been based on a
mistaken interpretation of a review of industrial and credit conditions issued
earlier in the day by the Federal Reserve Board.” –- New York Times - 1929
“Definite
signs that business and industry have turned the corner from the temporary
period of emergency that followed deflation of the speculative market were seen
today by President Hoover. The President said the reports to the Cabinet showed
the tide of employment had changed in the right direction.” – News dispatch from
Washington.
“Trade recovery now complete President told. Business survey conference reports
industry has progressed by own power. No Stimulants Needed! Progress in all
lines by the early spring forecast.” – New York Herald Tribune. January , 1930
“President Hoover predicted today that the worst effect of the crash upon
unemployment will have been passed during the next sixty days.” – Washington
Dispatch. March 8, 1930
“While the crash only took place six months ago, I am convinced we have now
passed the worst and with continued unity of effort we shall rapidly recover.
There is one certainty of the future of a people of the resources, intelligence
and character of the people of the United States – that is, prosperity.” –
President Hoover - May 1, 1930
“The worst is over without a doubt.” – James J. Davis, Secretary of Labor. -
June 29, 1930
“I see no
reason why 1931 should not be an extremely good year.” – Alfred P. Sloan, Jr.,
General Motors Co. November 1930
“The country is not in good condition.” – Calvin Coolidge. - January
20, 1931
“The depression has ended.” – Dr. Julius Klein, Assistant Secretary of Commerce.
- June 9, 1931
Average Package Yield Return 7.02% $22,000 Allocation
- Paper Gain 10.7%
Dow Jones Industrial average
One Decade
Stock Market
has given back all its gains for the past 10 years.
"SELL IN MAY AND GO AWAY"
Dow Jones Industrial Average
Previous Radio Features:
Pharmaceuticals
SECURITY
SYMBOL
YIELD
Broadcast
Price
Current Price
10/21
Gain/Loss
PFIZER
INC.
PFE
8.38%
15.27
17.50
14.60
BRISTOL-MYERS
BMY
7.25%
17.10
18.48
8.07
GLAXO SMITH KLINE
GSK
6.39%
34.35
38.13
11.00
ELI LILLY & CO
LLY
6.08%
30.89
33.71
9.13
Average Package Yield Return 7.02% $22,000 Allocation
Previous Radio Features:
ETF - POWER SHARES US DOLLAR INDEX BULLISH -
$23.64
ETF - POWER SHARES US DOLLAR INDEX BEARISH -
$27.86
Previous Radio Feature:
Gold Trust ETF - (GLD)
Previous Radio Features:
Dow Jones Industrial Average
"SELL IN MAY AND GO AWAY"
MODEL RADIO PORTFOLIO SURVEILLANCE ACCOUNT
Investment
Activity
Date Taken
Price
Date Sold
Price
Gain/
Loss
Comments
ENTERGY ENERGY CORP (ENT)
Bought
4/08/08
1.87
5/22/08
4.37
+233%
Low Price Pick
WASHINGTON MUTUAL (WM)
Bought
4/14/08
10.63
5/08/08
10.37
-(0.25)
TPF Triggered Out
GENERAL ELECTRIC CO. (GE)
Bought
6/10/08
30.07
6/27/08
26.81
-(12.15)
TPF Triggered Out
INTUIT INC. (INTU)
Bought
6/10/08
28.92
6/12/08
28.92.
-0-
Sold - S/T Cycles Turned Down
PROSHARES SHORT DOW 30 (DOG)
Bought
6/12/08
63.22
6/26/08
66.71
+ 5.52%
Radio Sell Signal
YAHOO INC. (YHOO)
Bought
7/10/08
23.79
7/23/08
21.24
-(8.92)
Sold 7/23 @ 21.24
PFIZER INC. (PFE)
Bought
8/07/08
19.36
9/4/08
19.48
+.006
S/T Cycles Turned Down. Sold For
Breakeven
SPRINT NEXTEL (S)
Bought
7/10/08
8.54
9/25/08
9.07
+6%
Sell Trigger on 9/24 close below 9.00
PFIZER INC (PFE) FIVE YEAR CHART - Close 8/12/08
= 19.67
Health Care Exchange Traded
Funds For Radio Program Discussion - 7/7/08
SECURITY/SYMBOL
Price Paid
Closing Price 7/7/08
Highest Price Achieved
Percentage Gain/Loss
9/2/08
ProShares Ultra Health Care ETF (RXL)
-
52.96
65.89
+ 24.41%
Rydex Equal Wt Health Care (RYH)
-
50.64
57.64
+ 13.82%
SPDR Select Sector Health Care ETF (XLV)
-
30.52
33.74
+ 10.55
Vanguard Health Care ETF (VHT)
-
53.24
59.17
+ 11.13%
Inverse Health Care ETF
June 24, 2008 - Radio Program Features:
Minimum Upside Target Forecast GSK = $46.20
WARREN BUFFETT SHORT TERM - NON - MODEL RADIO
PORTFOLIO
Investment
Activity
Date Taken
Price
Date Sold
Highest Price
Price 9/1/08
Gain/
Loss
Comments
GLAXO SMITH KLINE (GSK)
Bought
6/25/08
44.40
7/14/08
49.48
46.97
+5.00%
S/T Upside Target Achieved. Triggered Out On
7/14 @ 47.17 Gain = + 6.22%
GLAXO
SMITH KLINE (GSK)
Visit - warrenbuffettnewsletter.com for our Warren Buffett Berkshire
Holdings Newsletter.
IMPORTANT DISCLAIMER:
The Wall Street Money Letter Corp. is providing this newsletter and its
information for guidance and information purposes only. The information
contained herein has been compiled from sources deemed reliable and it is
accurate to the best of our knowledge and belief; however, we cannot
guarantee as to its accuracy, completeness and validity and cannot be held
liable for any errors or omissions. All information contained herein should
be independently verified and confirmed. We do not accept any liability for
any loss or damage howsoever caused in reliance upon such information.
Reader agrees to indemnify and hold us harmless from and against any
damages, costs and expenses, including any legal fees, potentially resulting
from the application of any of the information provided by this advisory.
Recommendations made in the future may or may not equal or better the
performance of the past. The analysis, ratings and/or recommendations made
by us and/or any of our affiliates do not provide, imply, or otherwise
constitute a guarantee of performance. Past actual or simulated performance
is no guarantee of future results. Therefore it should not be assumed that
future results will be profitable or will equal past performance, real,
indicated or implied. No guarantee is offered by us regarding the accuracy,
market predictive powers, suitability or profitability (either expressed or
implied) of any of the information provided. This newsletter has been
prepared solely for informational purposes, and is not an offer to buy or
sell or a solicitation of an offer to buy or sell any security or instrument
or to participate in any particular trading strategy. The investments and
the trading signals discussed in this newsletter may be unsuitable for
investors depending on their specific investment objectives and financial
position. The price or value of the investments to which this newsletter
relates, either directly or indirectly, may fall or rise against the
interest of investors. Any market exposure always entails the possibility of
substantial loss of equity. Reader agrees to assume all risk resulting from
the application of any of the information provided by us. Any commercial use
of this information provided by this newsletter without written permission
from the Wall Street Money Letter Corp. is strictly forbidden. Trademarks
and copyrights mentioned in this newsletter are the ownership of their
respective companies. The names of products and services presented are used
only in an educational fashion and to the benefit of the trademark and
copyright owner, with no intention of infringing on trademarks or
copyrights. The Wall Street Money Letter Corp. and/or its principals or
affiliates may purchase or sell any of the securities cited in this
newsletter.
Copyright 2008 Wall Street Money Letter Corp. All Rights Reserved.
The Wall Street Money Center
Boca Raton Corporate Office:
2385 Executive Center Drive, Suite 100
Boca Raton, Florida 33431
561-962-2850
Fax: 561-989-8569
Toll Free 1-800-W-MANAGE (1-800) 962-6243