Below you'll find the complete archive of each M48 Bulletin delivered to our M48 clients for the month of August 2009. All of them also include a hyperlink to the trading video for that particular day so you can see, and listen, first hand to Doug's illuminating commentary on his positions in the different markets and symbols he closely watches of the different exchanges, including individual stocks and exchange traded funds (EFT's). Each M48 Bulletin is time stamped for easy viewing and tracking of past performance! As a courtesy to our vast subscriber base to the M48 Bulletin we keep a 30 day delay on all M48 Bulletins before making them public on our site. Subscribe Today to the M48 Bulletin newsletter to ensure you don't miss out on timely, critical trade recommendations sent to your e-mail inbox 3-5 times a week, including a screen captured trading video where Doug explains in close detail how, and why, he does his trades. In these uncertain times can you really afford NOT Subscribing to the M48 Bulletin?   Time Stamped » 6:48 PM 8/3/2009 PST   Global Economic Data Sends The Market To New Highs Again... The Institute for Supply Management's manufacturing index numbers started the market higher today. I'm a little suspect of today's volume. Existing subscribers should maintain 15% to 20% cash. If you are new or heavy in cash you should get to 60% long using the SPY (50% during the week) and the two new trades (10%). Even though the market is stretched – it could stretch further. You might experience some short term pain. However, you'll be sitting in 40% cash at these levels which will ease the pain. New Trades: GDX (Gold Miners ETF) CVX (Chevron Corp.) New Symbols to Watch: None The "Charts of the Day" are GDX and CVX. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,287 +114.95 +1.25% 221.69M 9,174- 9,298 6,440/11,934 NASDAQ 2,009 +30.11 +1.52% 2.07B 1,986- 2,009 1,266/2,473 S&P 500 1,003 +15.15 +1.53% N/A 990.22- 1,004 666.79/1,313 Gold 958.80 +3.00 +0.31% 1 958.00- 964.00 715.20/1,011 Oil 71.11 -0.49 -0.69% 1,741 71.11- 71.49 32.40/125.94 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment GDX Buy between 39.35 and 40.75 5-8% 37.91 40.77 Featured in our "Chart of the Day." Gold Miners ETF. See video for new trade. CVX Buy between 68.75 and 71.00 5% 66.03 70.40 Featured in our "Chart of the Day." Energy and other commodities appear to be breaking out again. BAC Bot @ 13.27 5% 13.87 15.34 Move stop above entry. We're up 15% on today's close. RTN Bot @ 46.11 5% 45.04 47.81 Move stop. Good recovery today. GLD Watching N/A N/A 93.87 We are looking for a close above 94 to re-enter. Let's see how the GDX trade works. TBT Watching N/A N/A 51.04 A close above 53.25 will get us long. SDS Watching N/A N/A 45.77 Keep on the table throughout the fall. SPY Bot @ 75.64 & 94.08 50% Mental 100.26 New highs for 2009. QQQQ Bot @ 36.81 20% Mental 40.04 40 is resistance. AAPL Watching N/A N/A 166.43 To the moon... We will wait for this to go sideways at some point. AMZN Watching N/A N/A 87.44 A tough chart to read at this point. NFLX Watching N/A N/A 44.97 Right at resistance which is 45. MSFT Watching N/A N/A 23.83 The chart is shaping up. Continue to ride the QQQQ's UNG Watching N/A N/A 14.04 Monster move today with a close above the 50 day. Continue to watch. EMC Watching N/A N/A 15.31 15 is support. We'll continue to watch. QCOM Watching N/A N/A 46.97 And 46 is support on this one. Continue to use the QQQQ's for tech. SSO Watching N/A N/A 30.94 A close above 30 which was resistance. You can own some of this ultra S&P ETF provided your risk tolerance is a fit. If we break 24 we will exit and buy and hold the SPY. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 7:07 PM 8/5/2009 PST   Minimal Profit Taking With Increased Volume... We may see another distribution day before the weekend w/ the Employment Report out on Friday. Adjust stop on BAC. New Trades: None. New Symbols to Watch: None The "Chart of the Day" is TBT (Ultra Short 20+ Year Treasury ETF.) Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,281 -39.22 -0.42% 236.61M 9,206- 9,318 6,440/11,934 NASDAQ 1,993 -18.26 -0.91% 2.29B 1,981- 2,014 1,266/2,473 S&P 500 1,003 -2.93 -0.29% N/A 994.31- 1,007 666.79/1,313 Gold 966.30 -3.40 -0.35% 1 962.00- 967.00 715.20/1,011 Oil 71.49 -0.47 -0.65% 1,566 71.38- 71.83 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment GDX Buy between 39.35 and 40.75 5-8% 37.91 40.95 I like the fact that as of today, it has bounced off 40. CVX Buy between 68.75 and 71.00 5% 66.03 69.79 No change; Energy and other commodities appear to be breaking out again. BAC Bot @ 13.27 5% 14.82 16.66 Move stop again. Let's give it little room but also lock in 10% profit. If it made it to 20 before getting stopped out we would dump half at 20 which is resistance. RTN Bot @ 46.11 5% 45.04 47.07 Status Quo – Hit resistance at 48. GLD Watching N/A N/A 94.83 Let's just play the gold miners for now w/ GDX and save our cash for a pullback in the equities. TBT Watching N/A N/A 53.11 "Chart of the Day" SDS Watching N/A N/A 45.74 Keep watching. This could be our best friend in the fall. Most probable in 2010-2011. SPY Bot @ 75.64 & 94.08 50% Mental 100.20 Held 100 today! QQQQ Bot @ 36.81 20% Mental 39.61 No change; 40 is resistance. AAPL Watching N/A N/A 165.11 No change; We will wait for this to go sideways at some point. AMZN Watching N/A N/A 84.29 Testing support again. NFLX Watching N/A N/A 44.31 An OK chart, but too risky for now due to white space below. MSFT Watching N/A N/A 23.81 Good 'ol 'Softy' is showing sign of some... "softness." UNG Watching N/A N/A 14.04 A gap below causes concern so we'll continue to watch. EMC Watching N/A N/A 15.16 So far it's holding 15 which is very near term support. 14 is real support. QCOM Watching N/A N/A 45.81 Hit the 50 day today and bounce off it. A close above 47.35 would get me interested again. SSO Watching N/A N/A 30.95 Still holding 30. You can own some of this Ultra S&P ETF provided your risk tolerance is a fit. If we break 24 we will exit and buy and hold the SPY. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:07 PM 8/7/2009 PST   Jobs... You have probably heard throughout the day that the Labor Departments report showed U.S. unemployment fell in July to 9.4% even as the economy lost another 247,000 jobs, the smallest decline in nearly a year. The market has not had a significant pause in 4 weeks. The game plan has not changed. Continue to let the winners run and maintain cash for a potential pullback to 950 on the S&P. We will take some chips off the table on the SPY if it hits 110 before any significant pullback. Today's close was 101.20. Initiate the new trades only if you have more than 20% cash and are already heavily weighted in the major indices. For now our goal is to pick stocks or ETF's that are breaking out of bases. New Trades: TBT (Ultra Short 20+ Year Treasury ETF) New Symbols to Watch: None The "Charts of the Day" are NFLX and UNG. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,370 +113.81 +1.23% 216.60M 9,258- 9,438 6,440/11,934 NASDAQ 2,000 +27.09 +1.37% 2.39B 1,985- 2,012 1,266/2,473 S&P 500 1,010 +13.40 +1.34% N/A 1,000- 1,018 666.79/1,313 Gold 959.50 -3.40 -0.35% 1 957.50- 967.10 715.20/1,011 Oil 70.57 -1.01 -1.41% 340,829 70.38- 71.81 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment TBT Buy between 52.77 and 54.70 5% 50.62 53.70 I like the chart and the volume. GDX Buy between 39.35 and 40.75 5-8% 37.91 40.21 Held 40 again. A close above 42 increases the odds of a breakout. CVX Buy between 68.75 and 71.00 5% 66.03 69.75 Continues to trade above all moving averages as of today's close. BAC Bot @ 13.27 5% 14.82 16.88 Low volume today. RTN Bot @ 46.11 5% 45.04 47.48 It's looks like it wants to test 48 (resistance) again. GLD Watching N/A N/A 93.77 We'll continue to play gold w/ the GDX. SDS Watching N/A N/A 45.74 No change; Keep watching. This could be our best friend in the fall. Most probable in 2010-2011. SPY Bot @ 75.64 & 94.08 50% Mental 101.83 New highs again. QQQQ Bot @ 36.81 20% Mental 39.88 40 continues to resistance. AAPL Watching N/A N/A 165.51 Starting to look tired. We will wait for this to go sideways at some point. NFLX Watching N/A N/A 45.00 "Chart of the Day" A much better chart than Wednesday. Support is too far away to place the trade. MSFT Watching N/A N/A 23.56 Two week trading range. UNG Watching N/A N/A 13.13 "Chart of the Day" The gap below that we talked about Wednesday was filled today. EMC Watching N/A N/A 15.24 16 is resistance, so I prefer not to chase it here. QCOM Watching N/A N/A 45.97 It held the 50 day again. Continue to watch. SSO Watching N/A N/A 31.40 Status Quo – Still holding 30. You can own some of this Ultra S&P ETF provided your risk tolerance is a fit. If we break 24 we will exit and buy and hold the SPY. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 3:20 PM 8/10/2009 PST   Low Volume... Low volume is acceptable when stocks sell off a little like today. However this entire four week rally has really been on low volume. Hence, the reason we will tighten the stops (see table below) on 25% of our position in the SPY and the QQQQ's. If you get stopped out you should have roughly 65% remaining exposure to the market. New Trades: None New Symbols to Watch: COST (Costco Wholesale Corp.) The "Charts of the Day" are SPY and QQQQ. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,338 -32.12 -0.34% 161.37M 9,290- 9,372 6,440/11,934 NASDAQ 1,992 -8.01 -0.40% 1.78B 1,979- 2,000 1,266/2,473 S&P 500 1,007 -3.38 -0.33% N/A 1,001- 1,010 666.79/1,313 Gold 946.90 -12.60 -1.31% 1 946.50- 949.00 715.20/1,011 Oil 70.67 +0.07 +0.10% 17 71.28- 71.57 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment COST Watching N/A N/A 49.40 Has been basing in a channel for 5 months. TBT Bot @ 53.40 5% 50.62 52.26 Selling today on lower volume. GDX Bot @ 39.95 5-8% 37.91 39.10 Selling today on very low volume. CVX Buy between 68.75 and 71.00 5% 66.03 69.23 Hit the 200 day and bounced off it. BAC Bot @ 13.27 5% 14.82 16.68 A minor gain today on low volume. RTN Bot @ 46.11 5% 45.04 47.11 I continue to like the chart as of today's close. GLD Watching N/A N/A 92.92 No change; We'll continue to play gold w/ the GDX. SDS Watching N/A N/A 45.17 We may be hedging w/ this very soon. SPY Bot @ 75.64 & 94.08 50% Put a hard stop on 25% at 100.21 and keep a Mental on rest 75% of your position. 100.99 "Chart of the Day" Held 100 on low volume. Put in hard stop on 1/4. QQQQ Bot @ 36.81 20% Put a hard stop on 25% at 39.19 and keep a Mental on rest 75% of your position. 39.88 "Chart of the Day" Put in hard stop on 1/4. AAPL Watching N/A N/A 164.72 No change; Starting to look tired. We will wait for this to go sideways at some point. NFLX Watching N/A N/A 45.80 Nice chart w/ a close above 45. MSFT Watching N/A N/A 23.42 Low volume barely holding the 50 day. UNG Watching N/A N/A 13.08 Off a little today. QCOM Watching N/A N/A 45.74 Keeps bouncing off, and holding, the 50 day. SSO Watching N/A N/A 31.25 No change; Still holding 30. You can own some of this Ultra S&P ETF provided your risk tolerance is a fit. If we break 24 we will exit and buy and hold the SPY. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:13 PM 8/11/2009 PST   Profit Taking... For the past several weeks stocks have rallied into the close. Today just the opposite occurred with 15 minutes prior to the bell. We are looking for the SPY to pull in and hold 95 which is our most recent breakout level. Short term I think this market has more gas, possibly much more gas. I also believe that it is highly probable that the March lows will be taken out within the next 16 months. Check out the chart in the video. New Trades: None New Symbols to Watch: DXD (Ultra Short Dow 30) The "Chart of the Day" is MCD (McDonald's Corp.) Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,241 -96.50 -1.03% 171.38M 9,217- 9,334 6,440/11,934 NASDAQ 1,970 -22.51 -1.13% 1.86B 1,962- 1,987 1,266/2,473 S&P 500 994.35 -12.75 -1.27% N/A 992.40- 1,006 666.79/1,313 Gold 947.60 +0.70 +0.07% 6 945.90- 951.50 715.20/1,011 Oil 69.53 +0.08 +0.12% 672 69.43- 69.80 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment DXD Watching N/A N/A 39.41 Ultra short the Dow 30. COST Watching N/A N/A 48.92 A close above 50 would be confirmation. TBT Bot @ 53.40 5% 50.62 51.00 High volume selling today vs. yesterday's low volume. Very close to getting stopped out. GDX Bot @ 39.95 5-8% 37.91 38.43 Support is at 38. CVX Bot @ 69.09 5% 66.03 67.94 Closed below the 200 day but above the 50 day. BAC Bot @ 13.27 5% 14.82 15.85 May pull back into base. RTN Bot @ 46.11 5% 45.04 46.70 Closed up on a market down day. GLD Watching N/A N/A 92.79 Held the 50 day. SDS Watching N/A N/A 46.37 No change; We may be hedging w/ this very soon. SPY Bot @ 75.64 & 94.08 37.5% Mental 99.73 Sold some today at 100.21 QQQQ Bot @ 36.81 15% Mental 39.26 Sold some today at 39.19 AAPL Watching N/A N/A 162.83 Looking for this to pull into a basing pattern. NFLX Watching N/A N/A 46.09 Low volume. MSFT Watching N/A N/A 23.13 A close below the 50 day. UNG Watching N/A N/A 12.83 The natural gas ETF continues lower. QCOM Watching N/A N/A 45.40 Closed just below the 50 day. SSO Watching N/A N/A 30.46 Status Quo – Still holding 30. You can own some of this Ultra S&P ETF provided your risk tolerance is a fit. If we break 24 we will exit and buy and hold the SPY. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 9:40 PM 8/12/2009 PST   More Gas... Yesterday I mentioned that the market has more gas in it and today proved it. No need to chase it here. We have plenty exposure to participate on the upside and enough cash to be protected on the downside. I've added a one word category today called "trend." This will be helpful to those who use the M48 to manage their 401K's. The trend has been up since March 12th. Because you can't short in your 401K, the signal will be either "long" or "cash." Today's video will be the last for this week but expect to get an e-mail from me immediately should something out of the ordinary happen. And remember, you can ALWAYS get hold of me on my cell at (858)414-1970 should you have any questions in regards to the video and/or numbers in the table below. I am here to serve YOU and there's no such thing as a stupid question. Learning is part of the process. If you are new to the M48 timing service and are sitting in 100% cash, you can buy 40% with the SPY. Trend: Long New Trades: None New Symbols to Watch: XLU (Utilities ETF) The "Chart of the Day" is $VIX Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,362 +120.16 +1.30% 197.42M 9,221- 9,424 6,440/11,831 NASDAQ 1,999 +28.99 +1.47% 2.03B 1,970- 2,015 1,266/2,473 S&P 500 1,006 +11.46 +1.15% N/A 993.36- 1,013 666.79/1,305 Gold 952.50 +4.90 +0.52% 6 945.50- 954.00 715.20/1,011 Oil 70.71 +0.55 +0.78% 2,648 70.71- 70.71 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment XLU Watching N/A N/A 29.14 Chart looks good and and volume increased today. DXD Watching N/A N/A 38.37 Testing the lows. COST Watching N/A N/A 49.15 No change; A close above 50 would be confirmation. TBT Bot @ 53.40 5% 50.62 52.20 If you took this trade you were stopped out by 1 cent. We will most likely re-enter with a close above 55 at some point. GDX Bot @ 39.95 5-8% 37.91 38.79 Still holding 38. It could fill gap soon at 40. CVX Bot @ 69.09 5% 66.03 68.72 Closed one tick below the 200 day. BAC Bot @ 13.27 5% 15.06 15.93 Tighten up stop. RTN Bot @ 46.11 5% 45.04 47.70 This chart continues to look good. GLD Watching N/A N/A 92.95 Still holding the 50 day. SDS Watching N/A N/A 45.34 Status Quo – We may be hedging w/ this very soon. SPY Bot @ 75.64 & 94.08 37.5% Mental 100.79 Good move today. Not that much higher than where we took profit on Tuesday. QQQQ Bot @ 36.81 15% Mental 39.87 Still can't get a close above 40. AAPL Watching N/A N/A 165.31 No change; Looking for this to pull into a basing pattern. NFLX Watching N/A N/A 46.28 Very suspect of volume. MSFT Watching N/A N/A 23.53 Deal w/ Nokia today gave it a lift early but then the sellers stepped in. UNG Watching N/A N/A 12.60 Let it stop falling first. QCOM Watching N/A N/A 46.37 Back up above the 50 day on decent volume. SSO Watching N/A N/A 31.13 Nothing new... Still holding 30. You can own some of this Ultra S&P ETF provided your risk tolerance is a fit. If we break 24 we will exit and buy and hold the SPY. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:42 PM 8/17/2009 PST   China Leads The Way Down w/ Increased Volume... Asia lead the profit taking today that hit the world markets in equities and commodities as the dollar and bonds rallied. We were stopped out of GDX (Gold Miners). Our other small positions such as RTN, BAC, and CVX are still above stop prices. Move your stop again on BAC. I don't think this is the beginning of a the big move down – Not yet. You can blame it on global economic worries and consumer confidence, but I'll just say that Mr. Market was looking for a reason to pullback. If this is the beginning of a major move down or trend change we will adjust accordingly. For now the trend is still long. Trend: Long New Trades: None New Symbols to Watch: KO (The Coca-Cola Company.) UNH (United Health Group, Inc.) The "Chart of the Day" is UNH Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,135 -186.06 -2.00% 207.10M 9,117- 9,314 6,440/11,831 NASDAQ 1,931 -54.68 -2.75% 1.83B 1,930- 1,949 1,266/2,473 S&P 500 979.73 -24.36 -2.43% N/A 978.51- 998.18 666.79/1,303 Gold 935.80 -12.90 -1.36% 70 932.00- 936.00 715.20/1,011 Oil 67.20 +0.50 +0.75% 1,544 66.59- 67.43 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment UNH Watching N/A N/A 28.48 Featured "Chart of The Day" Health care. Good chart w/ increased volume. KO Watching N/A N/A 48.70 Needs to hold 48 and close above 49.25 (see video.) XLU Watching N/A N/A 28.64 Needs to hold 28 and close above 29.55 DXD Watching N/A N/A 40.14 Dow ultra short. Big Day. COST Watching N/A N/A 47.47 No change; A close above 50 would be confirmation. GDX Bot @ 39.95 5-8% 37.91 37.30 Stopped out. 36 is next support. CVX Bot @ 69.09 5% 66.03 66.59 Breaking down but still above stop. BAC Bot @ 13.27 5% 15.56 16.56 Tighten stop even further. RTN Bot @ 46.11 5% 45.04 47.13 Chart continues to hold up. GLD Watching N/A N/A 91.61 Closed below the 50 day. Like all commodities, it broke down today. SDS Watching N/A N/A 47.55 Ultra short S&P. Big day on decent volume. SPY Bot @ 75.64 & 94.08 37.5% Mental 98.31 We may sell another 1/4 if we break 94.70. Increased volume sell off. I'm glad we took some profit even if it heads higher. QQQQ Bot @ 36.81 15% Mental 38.48 Gapped lower along w/ the other major indices. AAPL Watching N/A N/A 159.59 Support is here short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 43.11 Remember we didn't want this trade because of the white space below. It filled most of that in the last 2 days. MSFT Watching N/A N/A 23.25 Close below the 50 day, but it held up well considering the sell off. UNG Watching N/A N/A 12.12 12 is a magnet as mentioned last week. QCOM Watching N/A N/A 44.95 Broke support and the 50 day. Next support level is 44. SSO Watching N/A N/A 29.56 If you own this I would sell half if we break 27.50 Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 7:46 PM 8/19/2009 PST   Stocks Rise On Higher Volume... China started us down in the morning, but the bigger news on Wednesday was crude. The government reported an unexpected drop in crude oil inventories, sending oil prices up significantly. This helped our CVX position, which is featured as my "Chart of The Day." On another trading note: On Friday I will supply all of you with user name and password to the option "trading room" at Heritage West (where my commodity license is) where we collect premium on the selling of out of the money calls and puts on various commodities. You'll be able to log in on a daily basis to monitor the various positions. As traders, you will not be required to make decisions or place the trades if you find that this strategy in something you would be interested in. If you're in San Diego, I can meet you at the commodity office to give you a closer look if you so decide. This is what I do with my managed clients. In short, a high percentage of individuals buying options lose money. We take the other side of that trade. I believe you will find the returns to be eye opening. Trend: Long Adjusted Stops: SSO QQQQ New Trades: None New Symbols to Watch: None The "Chart of the Day" is CVX Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,279 +61.22 +0.66% 176.91M 9,132- 9,313 6,440/11,831 NASDAQ 1,969 +13.32 +0.68% 1.90B 1,932- 1,972 1,266/2,418 S&P 500 996.46 +6.79 +0.69% N/A 980.62- 1,000 666.79/1,303 Gold 944.80 +5.60 +0.60% 7 935.00- 946.00 715.20/1,011 Oil 72.42 0.00 0.00% 224 72.12- 72.54 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment UNH Watching N/A N/A 28.18 Featured "Chart of The Day" Trading in a range so no decision yet. KO Watching N/A N/A 49.36 Good close above the 50 day on increased volume. Continue to watch closely. XLU Watching N/A N/A 28.91 Range bound... DXD Watching N/A N/A 38.88 Short Dow. We'll keep this on the watch list when we get short. COST Watching N/A N/A 47.94 Retail got a bounce today. We'll focus on this w/ a close above 50. CVX Bot @ 69.09 5% 66.03 68.16 Featured "Chart of The Day" Oil saved the day. BAC Bot @ 13.27 5% 15.56 16.75 Looks tired w/ low volume. RTN Bot @ 46.11 5% 45.04 47.25 Chart continues to hold up. If we get through 48 we'll move the stop. GLD Watching N/A N/A 92.53 Back above the 50 day. No clear direction so we continue to watch. SDS Watching N/A N/A 45.90 High volume down day the ultra S&P short. SPY Bot @ 75.64 & 94.08 37.5% Mental 99.77 Stay tuned for possibly more profit taking if we break 97.46 QQQQ Bot @ 36.81 15% 38.12 on half position and Mental on rest 50% 39.21 Put a stop on half of your remaining position at 38.12 AAPL Watching N/A N/A 164.60 160 is support short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 44.87 Big move on upgrade. However, it gave back almost 50% of it by the close. A close above 46.75 would get me very interested. MSFT Watching N/A N/A 23.65 Very tight range w/ no clear signal either way. UNG Watching N/A N/A 12.01 Will it hold 12? QCOM Watching N/A N/A 45.72 Still not showing strength. SSO Watching N/A N/A 30.63 We've had a nice ride in this ultra S&P for those who held on. I have put a stop in the managed accounts as well at 30.11 Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 7:12 PM 8/21/2009 PST   Stocks Jump To New Highs For '09... Stocks, commodities and bonds rallied on increased volume (option expiration helped) after Bernanke declares economy is on the recovery. Existing home sales fanned the flames. Banks still are not lending and job losses continue to increase. We may add UNH and KO next week. Continue to maintain 40% cash. However, If you just got in you should maintain 65% cash. As promised the other day, Click Here for your options room access. SAVE THIS E-MAIL FOR FUTURE REFERENCE User: ****** Password: ****** (exactly as shown) Don't hesitate to call or E-mail Me if you have questions. Trend: Long Adjusted Stops: SPY QQQQ BAC RTN New Trades: None New Symbols to Watch: None The "Chart of the Day" is FSLR Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,506 +155.91 +1.67% 293.53M 9,347- 9,519 6,440/11,831 NASDAQ 2,021 +31.68 +1.59% 2.16B 1,994- 2,022 1,266/2,418 S&P 500 1,026 +18.76 +1.86% N/A 1,009- 1,028 666.79/1,303 Gold 954.70 +13.00 +1.38% 7 950.40- 956.80 715.20/1,011 Oil 72.35 -0.19 -0.26% 26,576 72.21- 72.88 32.40/121.80 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment UNH Watching N/A N/A 28.92 Looking like a potential next week. KO Watching N/A N/A 49.91 Great volume as it approaches $50. XLU Watching N/A N/A 29.72 Looking for a close above 30. DXD Watching N/A N/A 37.01 New lows. Dow short. COST Watching N/A N/A 48.56 Gap stores helped the retailers today. Not a buy yet. CVX Bot @ 69.09 5% 66.03 69.73 Big day as oil hits 2009 high. BAC Bot @ 13.27 5% 16.16 17.46 Move stop to lock in 20% profit. RTN Bot @ 46.11 5% 46.51 48.22 Got our close above 48. Move stop above entry. GLD Watching N/A N/A 93.65 Big jump today. No interest as a new trade here yet. SDS Watching N/A N/A 43.28 This S&P short broke support. SPY Bot @ 75.64 & 94.08 37.5% 100.04 on a quarter of your position and Mental on rest 75% 102.97 New highs for '09. Put hard stop on 25% of your holding. QQQQ Bot @ 36.81 15% 38.62 on half position and Mental on rest 50% 40.29 Closed above 40. Move stop a tad. AAPL Watching N/A N/A 169.22 No change; 160 is support short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 45.10 Watching very closely again. Looking for a close above 46.63 MSFT Watching N/A N/A 24.41 Looking to fill gap to the upside. UNG Watching N/A N/A 11.35 Where is the bottom in this natural gas ETF? QCOM Watching N/A N/A 47.29 The weekly chart looks great due to big volume on good news two days in a row. SSO Watching N/A N/A 32.40 Keep stop at 30.11 if you own this ultra S&P ETF. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 7:52 PM 8/25/2009 PST   Big Week For Numbers... Crude inventories, new home sales, personal spending, initial claims and GDP are all due this week. The market has sold off towards the close both today and Monday. Technically I see more upside potential of 7% (target 1,100 S&P) to 17% (target 1,200 S&P) before a major trend change. However, I believe the market will grow very tired if we get to 1,050. Today we closed at 1,028. Therefore, if you are a new subscriber and sitting in 100% cash, you can invest 35% by purchasing the SPY (S&P 500 ETF) as the market may stretch more as noted above. Existing subscribers should stick with 60% to 65% long positions. In looking for new buys, we are searching for stocks or ETFs coming out of bases or pulling into recent breakout areas and bouncing. Volume is very important. Trend: Long Adjusted Stops: CVX New Trades: None New Symbols to Watch: None The "Chart of the Day" is COST Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,539 +30.01 +0.32% 173.89M 9,509- 9,620 6,440/11,831 NASDAQ 2,024 +6.25 +0.31% 1.85B 2,019- 2,041 1,266/2,413 S&P 500 1,028 +2.43 +0.24% N/A 1,026- 1,038 666.79/1,303 Gold 946.00 +2.30 +0.24% 5 945.70- 954.00 715.20/1,011 Oil 71.93 -0.12 -0.17% 2,212 71.35- 71.94 32.40/119.10 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment UNH Watching N/A N/A 29.92 Beautiful chart but volume is weak. KO Watching N/A N/A 48.74 No go for now until it gets back above the 50 day and $50. XLU Watching N/A N/A 29.58 No change; Looking for a close above 30. DXD Watching N/A N/A 36.65 Ultra short the Dow. Looks like it wants to bounce. COST Watching N/A N/A 49.62 "Chart of the Day" Good chart w/ increased volume. Looking for a close above 50. CVX Bot @ 69.09 5% 68.13 70.65 Profit taking in crude today. CVX held up well so far. BAC Bot @ 13.27 5% 16.16 17.75 Status Quo. RTN Bot @ 46.11 5% 46.51 47.69 Our stop is currently above entry. GLD Watching N/A N/A 92.76 Holding above the 50 day. SDS Watching N/A N/A 43.05 Close to a double bottom on a weekly chart. SPY Bot @ 75.64 & 94.08 37.5% 100.04 on a quarter of your position and Mental on rest 75% 103.31 There is a gap on a weekly chart between 108 and 110 that based on probabilities should eventually get filled. QQQQ Bot @ 36.81 15% 38.62 on half position and Mental on rest 50% 40.37 Back around that 40 area again. AAPL Watching N/A N/A 169.40 Status Quo – 160 is support short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 44.46 A close above 46 w/ volume is a go. MSFT Watching N/A N/A 24.64 Gap was filled to the upside today as anticipated Friday. UNG Watching N/A N/A 11.60 Waiting for a bounce above a trend line. QCOM Watching N/A N/A 46.99 A close above 48 w/ volume would get us long. SSO Watching N/A N/A 32.57 No change; Keep stop at 30.11 if you own this ultra S&P ETF. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 6:06 PM 8/27/2009 PST   Eight Days Up... Another decent recovery w/ volume after being first down in the morning. Tomorrow would make it nine days in a row. However, one would think that there will be profit taking going into the weekend... Our new trade in COST (Costco Wholesale Corp.) provides you have more than 35% to 40% cash at hand. Trend: Long Adjusted Stops: BAC New Trades: COST New Symbols to Watch: FXE V The "Chart of the Day" is FXE (Currency Shares Euro Trust.) Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,581 +37.11 +0.39% 163.98M 9,459- 9,610 6,440/11,831 NASDAQ 2,028 +3.30 +0.16% 2.03B 1,993- 2,029 1,266/2,413 S&P 500 1,031 +2.86 +0.28% N/A 1,016- 1,033 666.79/1,303 Gold 947.30 +1.50 +0.16% 5 944.90- 949.70 715.20/1,011 Oil 72.65 +0.16 +0.22% 1,283 72.55- 72.87 32.40/119.10 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment COST Buy between 49.11 and 51.75 5% 47.73 51.31 "Chart of The Day." Good chart w/ increased volume. Looking for a close above 50. V Watching N/A N/A 69.71 Looking for a close above 70. FXE Watching N/A N/A 143.52 Trend line and 50 day are holding. UNH Watching N/A N/A 28.94 Looking for a close above 30. KO Watching N/A N/A 49.44 Looking for a close above 50. XLU Watching N/A N/A 29.55 Holding the trend line. DXD Watching N/A N/A 36.36 Support is at 35.10 CVX Bot @ 69.09 5% 68.13 71.00 Looks good if we can hold today's low of 69.54 BAC Bot @ 13.27 5% 16.44 17.92 Adjust your stop. RTN Bot @ 46.11 5% 46.51 47.76 No change; Our stop is currently above entry. GLD Watching N/A N/A 93.19 A close above 94 would increase the odds. It bounced off the 50 day today. SDS Watching N/A N/A 42.80 No play yet on this S&P short. SPY Bot @ 75.64 & 94.08 37.5% 100.04 on a quarter of your position and Mental on rest 75% 103.40 Status Quo – There is a gap on a weekly chart between 108 and 110 that based on probabilities should eventually get filled. QQQQ Bot @ 36.81 15% 38.62 on half position and Mental on rest 50% 40.40 Closed above 40 with increased volume. If it gets to 45 before 38.62, we will sell half of our position. AAPL Watching N/A N/A 169.45 No change; 160 is support short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 43.75 Bounced off the 50 day. Still looking for a close above 46. MSFT Watching N/A N/A 24.69 Not all that excited about the chart yet. UNG Watching N/A N/A 11.51 Working on a double bottom. A close above 11.80 would get us long. QCOM Watching N/A N/A 47.25 Volume is low. Looking for a close above 48. SSO Watching N/A N/A 32.76 Status Quo – Keep stop at 30.11 if you own this ultra S&P ETF. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 4:17 PM 8/28/2009 PST   Profit Taking On Day Nine... Expected profit taking today after eight days up. The markets have moved minimally since last Friday's close. We will continue to ride the trend with the SPY and Q's until the trend changes. Although the trend remains technically stretched, it is not stretched to the max. The max (based on probabilities) on the SPY is 110 to 120. We will do some selling if we get there. Some additional reasons for caution moving forward: Creative accounting with toxic asset values Low volume rally Credit deflation Rising savings rate (consumers are not spending) Huge insider selling Big Brother intervention Record bank failures in '09 Trend: Long Adjusted Stops: None New Trades: None New Symbols to Watch: None The "Chart of the Day" is AIG. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,544 -36.43 -0.38% 205.77M 9,496- 9,630 6,440/11,831 NASDAQ 2,029 +1.04 +0.05% 2.25B 2,017- 2,059 1,266/2,413 S&P 500 1,029 -2.05 -0.20% N/A 1,023- 1,039 666.79/1,303 Gold 958.80 +11.50 +1.21% 5 956.30- 961.00 715.20/1,011 Oil 72.86 +0.25 +0.34% 233,234 71.78- 73.52 32.40/117.88 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment COST Buy between 49.11 and 51.75 5% 47.73 51.50 Retail is getting bad press. But the charts tell a different story. V Watching N/A N/A 69.43 No change; Looking for a close above 70. FXE Watching N/A N/A 143.21 Low volume with small dip today. UNH Watching N/A N/A 28.18 Status Quo – Looking for a close above 30. KO Watching N/A N/A 49.06 Closed right at the 50 day moving average. Looking for a close above $50. XLU Watching N/A N/A 29.28 Holding the trend line and looking for a close above $30. DXD Watching N/A N/A 36.60 Double short the Dow. Support is at 35.10 CVX Bot @ 69.09 5% 68.13 70.60 No change; Looks good if we can hold today's low of 69.54 BAC Bot @ 13.27 5% 16.44 17.87 Flat today on low volume. RTN Bot @ 46.11 5% 46.51 47.29 Status Quo – Our stop is currently above entry. GLD Watching N/A N/A 93.77 The trading range continues to tighten. Held the 50 day moving average all week. SDS Watching N/A N/A 42.92 A close above 44 on the double short S&P will get us interested as a hedge to our long. SPY Bot @ 75.64 & 94.08 37.5% 100.04 on a quarter of your position and Mental on rest 75% 102.98 The price change was a whopping 8 cents this week. There is a gap on a weekly chart between 108 and 110 that based on probabilities should eventually get filled. QQQQ Bot @ 36.81 15% 38.62 on half position and Mental on rest 50% 40.44 The change this week was 15 cents. If it gets to 45 before 38.62, we will sell half of our position. AAPL Watching N/A N/A 170.05 Status Quo – 160 is support short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 44.22 I really like this chart. Still looking for a close above 46 with volume. MSFT Watching N/A N/A 24.68 A low probability chart in either direction. UNG Watching N/A N/A 11.34 No change; Working on a double bottom. A close above 11.80 would get us long. QCOM Watching N/A N/A 47.22 Stuck its head above 48 but closed lower. Looking for a close above 48. SSO Watching N/A N/A 32.64 24 cent move from last Friday. Keep stop at 30.11 if you own the ultra S&P ETF. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 2:31 PM 8/31/2009 PST   August Is In The Books... U.S. stocks came off their lows as China's recent declines spark more uncertainty. Material and energy stocks took the biggest hit today. 100 is decent support on the SPY. We closed today at 102.46. What to do now? Existing subscribers should maintain 35% to 40% cash. New subscribers with 100% cash should get to a total of 35% invested using the SPY with a little bit of nibbling off the new trades. Trend: Long Adjusted Stops: None New Trades: V (Visa, Inc.) New Symbols to Watch: None The "Chart of the Day" is V (Visa, Inc.) Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 9,496 -47.92 -0.50% 201.60M 9,436- 9,543 6,440/11,831 NASDAQ 2,009 -19.71 -0.97% 2.24B 1,998- 2,014 1,266/2,413 S&P 500 1,021 -8.31 -0.81% N/A 1,015- 1,025 666.79/1,303 Gold 953.50 -5.30 -0.55% 5 945.80- 954.00 715.20/1,011 Oil 69.58 -2.78 -3.84% 255,320 69.13- 70.62 32.40/117.88 M48 Positions and Watched Symbols: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment V Buy between 69.35-72.25 5% 66.96 71.10 Got our close above 70 on increased volume. COST Buy between 49.11 and 51.75 5% 47.73 50.98 Low volume selling today. Looking for a bounce off of 50. FXE Watching N/A N/A 143.29 Watching for a close above 144. UNH Watching N/A N/A 28.00 No change; Looking for a close above 30. KO Watching N/A N/A 48.77 Waiting for a close above $50 before we get interested. XLU Watching N/A N/A 29.23 Status Quo – Holding the trend line and looking for a close above $30. DXD Watching N/A N/A 37.00 Using as a hedge (Dow ultra short). Looking for a close above 37.33 CVX Bot @ 69.09 5% 68.13 69.94 Down day but it held the Thursday low. BAC Bot @ 13.27 5% 16.44 17.59 Down a little today on low volume. RTN Bot @ 46.11 5% 46.51 47.18 No change; Keeping our stop comfortably above entry. GLD Watching N/A N/A 93.40 Continues to trade in a tight range. SDS Watching N/A N/A 43.68 No change; A close above 44 on the double short S&P will get us interested as a hedge to our long. SPY Bot @ 75.64 & 94.08 37.5% 100.04 on a quarter of your position and Mental on rest 75% 102.46 Nice end of day recovery. QQQQ Bot @ 36.81 15% 38.62 on half position and Mental on rest 50% 40.03 Bounced off of support today. AAPL Watching N/A N/A 168.21 No change; 160 is support short term. Next support area is 149 along w/ the 50 day. We will probably buy if it gets to 149 or 150. NFLX Watching N/A N/A 43.63 The chart looks good provided we hold 43. MSFT Watching N/A N/A 24.65 Status Quo – A low probability chart in either direction. UNG Watching N/A N/A 10.72 New lows. This is why the buy and hold brings sleepless nights. QCOM Watching N/A N/A 46.42 Bounced off support at 46. SSO Watching N/A N/A 32.13 No change; Keep stop at 30.11 if you own the ultra S&P ETF. Click Here to watch the M48 Bulletin Trading Video. Click Here for more past M48 Bulletins.         Home  |  What We Have To Offer  |  Who We Are  |  How Our Methods Differ  |  M48 Timing Service  |  M48 Archive Workshops & Webinars  |  Podcasts & Audio Library  |  Video Archive  |  Doug's Blog  |  Pro Investor Show - AM Talk Radio Independent Asset Management  |  Safe Money Investing  |  The 7 Rules  |  Commodities & Futures  |  Follow Doug on Twitter Client Testimonials  |  Free Trial Offer  |  Frequently Asked Questions  |  Recommended Reading  |  Contact Us Copyright© 2010 Pro Investor Coach, LLC  |  444 S. Cedros Ave.  Suite 250  Solana Beach, CA 92075  (858)414-1970 Privacy Policy  |  Terms of Use & Risk Disclosure  |  Trademark & Copyright Notice Updated   |  Webmaster  |  Web Design by Slingblade Digital