Below you'll find the complete archive of each M48 Bulletin delivered to our M48 clients for the month of June 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 » 3:55 PM 6/1/2009 PST   Big Day w/ Mixed Volume... The NASDAQ has been the best performer in '09 and the only index until today that was trading above the 200 day moving average. The S&P closed above it today and the Dow is right at it. Volume up on the NASDAQ but lower on the NYSE today. So what do we do now? If we get through 95 on the SPY the next area of resistance is 100 or 1000 on the SPX (S&P cash). We will continue to move stops and look for new buys that are just coming out of their bases and not to far extended. Continue to trail your stops on our extended positions. The 200 day is a major deciding factor for the Big Boys to jump on or add to this wave up. In other words we could go much higher before we re-trace. I would still maintain 30% cash, 25% minimum in the event this is a head fake. The "Chart of the Day" is AMZN (short). Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,721 +221.11 +2.60% 354.83M 8,501- 8,761 6,440/12,760 NASDAQ 1,795 +54.35 +3.12% 2.15B 1,793- 1,833 1,266/2,550 S&P 500 942.87 +23.73 +2.58% N/A 923.26- 947.77 666.79/1,406 Gold 980.00 -0.30 -0.03% 11 977.00- 984.20 711.30/1,009 Oil 67.83 -0.75 -1.09% 834 67.80- 68.08 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment IYT 57.01- 59.99 5% 56.06 60.00 I like the chart and the sector-transports. AMZN 80.01- 83.99 5% 77.17 83.05 Nice chart w/ good volume increase (see video.) QCOM 41.51- 43.99 5% 40.77 44.40 We changed the buy point to under 44. GE > 12.99 5% 13.89 13.86 So much for the short side today. Stopped out for a loss. MCD < 59 7% 55.25 59.85 No change. Looks like 60 is initial resistance. MCK < 40.50 5% 37.27 41.86 You might not have gotten filled on this yet. Chart still looks good. Top side gap at 43.21 DUG Watching N/A N/A 15.96 Keep watching as long Oil will eventually pull in. SMH 19.65-20.99 5% 19.64 22.17 Gapped up today like most everything. X Watching N/A N/A 36.82 Status Quo. Wait for it to pull in a little and we'll jump on it. KO 44.01-46 5% 45.29/47.14 49.92 Took an anticipated rest today. SDS Watching N/A N/A 53.10 Continue to watching this one for educational purposes. QID Watching N/A N/A 32.29 Continue to watch for educational purposes (see video.) POT < 100 5% 108.57 117.06 Stay with it. MOS < 50 5% 52.45 56.47 No change. Keep stop tight. SKF Watching N/A N/A 40.25 We will remove this if it breaks 39.17 this week. DBC < 21.90 5% 22.44 23.87 Commodities continue to rise. GDX 36.74 5% 40.74 43.41 Hit resistance at 45. SLV 13.53 5% 14.67 15.35 Will most likely fill gap at 15. PEP 50.00- 51.66 5% 50.55 53.13 Nice move. Resistance is at 54. SPY 75.64 45% Mental 94.77 Status Quo. If you are new and sitting in cash it is OK to buy in at these overbought levels because the market may continue to be more overbought. AAPL 112.64 5% 128.33 139.35 We said it would hit resistance at 140. It hit 139.99 today for a high. GLD 89.73 5-8% 91.47 95.73 Gap around 95 should get filled. USO (28.46) 31.86- 32.76 5% 34.64 37.43 Keep adjusting your stop. SSO 20.19 5% Mental 27.60 We will add and or replace some of our SPY with the SSO upon the S&P retracing and holding. DBA < 26.50 5% 26.66 28.87 There is a gap below at 28. MSFT 19.72 5% 19.79 21.40 Higher volume close like most Nasdaq stocks (see video.) TBT 47.91 5% 52.07 55.25 We may be going up again. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:21 PM 6/2/2009 PST   Resistance... The S&P was rejected today at its attempt at 950. Lets talk about splitting stops and or selling half at market in today's video. The "Chart of the Day" is SLV. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,741 +19.43 +0.22% 257.56M 8,694- 8,787 6,440/12,751 NASDAQ 1,822 +8.12 +0.45% 2.15B 1,816- 1,847 1,266/2,550 S&P 500 944.74 +1.87 +0.20% N/A 938.46- 949.38 666.79/1,404 Gold 984.40 +4.40 +0.45% 11 980.80- 987.30 711.30/1,009 Oil 68.14 -0.41 -0.60% 748 67.98- 68.24 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment GS Watching N/A N/A 143.13 I'm very close to shorting the stock if it closes lower on higher volume (see video.) IYT 57.01- 59.99 5% 56.06 60.84 Running up against the 200 day MA. AMZN 80.01- 83.99 5% 77.17 84.93 Held up nicely today w/ decent volume. QCOM 41.51- 43.99 5% 40.77 43.91 Took a rest today on lower volume which is OK. GE > 12.99 5% 13.89 13.80 Let's keep this here for a bit since we have so few shorts to watch at this time. MCD < 59 7% 55.25 60.38 Nice volume today. MCK < 40.50 5% 37.27 41.32 This is another stock that hit its 200 day and turned around. DUG Watching N/A N/A 15.98 Double bottom today. Let's see if it holds. SMH 19.65-20.99 5% 19.64 21.48 Looks like it want to fill the downside gap above 21. X Watching N/A N/A 36.43 We will continue to monitor the downside gap. KO 44.01-46 5% 45.29/47.14 49.66 Coke got a lift via Pepsi. SDS Watching N/A N/A 53.00 Continue to watch for educational purposes and possible trading soon. QID Watching N/A N/A 32.29 I see this as a potential bottom fish play. Continue to watch. POT < 100 5% 108.57/ 112.07 117.06 Split your stops. MOS < 50 5% 53.25 55.97 Keep stop tight. SKF Watching N/A N/A 41.31 See video... DBC < 21.90 5% 22.44/ 23.55 23.97 Split your stop (see video.) GDX 36.74 5% 40.74/43.51 44.55 Hit resistance at 45. SLV 13.53 5% 14.67 15.75 Sell half above 15.50 (see video.) PEP 50.00- 51.66 5% 52.55 55.37 Big day. Now we get to move our stop above entry. SPY 75.64 45% Mental 94.85 Will it continue to get turned around at 95? Listen in to my commentary in the video. AAPL 112.64 5% 128.33/ 138.50 139.49 Sell half above 138.50 if you can on a stop or limt (see video.) GLD 89.73 5-8% 91.47 96.36 Same. Gap around 95 should get filled. USO (28.46) 31.86- 32.76 5% 34.64/ 37.17 37.61 Sell half if you can above 37 with either a limit, market or stop order. SSO 20.19 5% Mental 27.72 We will add and or replace some of our SPY with the SSO upon the S&P retracing and holding. DBA < 26.50 5% 27.66 28.57 Move stop up again. Did not quite fill the gap around 28. MSFT 19.72 5% 19.79 21.40 Hit a wall (resistance) at 22. TBT 47.91 5% 52.37 55.00 Not much to say on this today other than to move stop just a bit. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:10 PM 6/3/2009 PST   Stops Get Hit... Yesterday we talked about moving and splitting stops to lock in profit on our over-extended positions. Many of the higher number split stops were hit today. Our timing was dead on. We will remove the higher number split stops from the table tomorrow. The Dollar finally rallied today which hit our metals and other commodities. The "Chart of the Day" is IEF (long 10 year bond.) Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,675 -65.63 -0.75% 252.16M 8,598- 8,740 6,440/12,653 NASDAQ 1,824 -10.88 -0.59% 2.15B 1,807- 1,828 1,266/2,550 S&P 500 931.76 -12.98 -1.37% N/A 923.85- 942.51 666.79/1,404 Gold 965.60 -18.80 -1.91% 11 965.20- 980.00 711.30/1,009 Oil 65.92 -0.20 -0.30% 598 65.92- 66.25 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment GS Watching N/A N/A 142.74 Keep an eye on for a short. IYT 57.01- 59.99 5% 56.06 59.41 Pulling back into a base. AMZN 80.01- 83.99 5% 77.17 85.68 Good day on lighter volume. QCOM 41.51- 43.99 5% 40.77 43.50 High volume w/ recovery. GE > 12.99 5% 13.89 13.50 No change. Let's keep this here for a bit since we have so few shorts to watch at this time. MCD < 59 7% 55.25 60.99 Good move today. MCK < 40.50 5% 37.27 40.30 Pulled in today. A close above 42 would increase the odds. DUG Watching N/A N/A 17.05 Good day w/ volume. SMH 19.65-20.99 5% 19.64 21.35 Filled gap as expected. X Watching N/A N/A 33.98 Filled gap as expected. KO 44.01-46 5% 45.29/47.14 49.04 Needs to hold 48. SDS Watching N/A N/A 54.44 Small gap to the upside that it may fill. QID Watching N/A N/A 32.47 Statu Quo. I see this as a potential bottom fish play. Continue to watch. POT < 100 5% 108.57/ 112.07 110.66 Stopped out on half at the 112.07 stop. Use the 108.57 as your final stop. MOS < 50 5% 53.25 52.44 Stopped out for a profit. SKF Watching N/A N/A 42.18 Listen in to my commmentary in the video once again... DBC < 21.90 5% 22.44/ 23.55 23.17 Stopped out on half for profit at 23.55. GDX 36.74 5% 40.74/43.51 42.16 Stopped out on half for profit. SLV 13.53 5% 14.67 15.14 Stopped out on half at 15.50. PEP 50.00- 51.66 5% 52.55 54.27 Profit taking after big day yesterday. SPY 75.64 45% Mental 93.65 Held the 200 day today (see video.) AAPL 112.64 5% 128.33/ 138.50 140.95 You should have half you position remaining w/ a decent profit. Good day for Apple, Inc. GLD 89.73 5-8% 91.47 94.41 Gap was filled as expected. USO (28.46) 31.86- 32.76 5% 34.64/ 37.17 36.25 You should have been stopped out today on half your position at 37.17. SSO 20.19 5% Mental 26.94 We will add and or replace some of our SPY with the SSO upon the S&P retracing and holding. DBA < 26.50 5% 27.66 27.50 Stopped out for a profit. We may re-enter at some point in the future. MSFT 19.72 5% 19.79 21.73 Positive today w/ higher volume. TBT 47.91 5% 52.37 53.99 Bonds caught a bid today. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 3:30 PM 6/5/2009 PST   200 Day... All three major indexes are now above the 200 day moving average. This is a good sign. However, major resistance is just above. Gold sold off hard today with strength in the buck. Oil continues to hold up. We will only buy new positions coming out of bases (see video.) We continue to move stops to protect profit while keeping enough cash available to eventually hedge our long positions. The "Chart of the Day" is CAT. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,763 +12.89 +0.15% 254.97M 8,700- 8,839 6,440/12,653 NASDAQ 1,864 -0.60 -0.03% 2.15B 1,835- 1,866 1,266/2,550 S&P 500 940.09 -2.37 -0.25% N/A 934.13- 951.69 666.79/1,404 Gold 962.60 -19.70 -2.01% 11 956.70- 980.90 711.30/1,009 Oil 68.38 -0.37 -0.54% 310,276 67.54- 68.85 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment UNG Watching N/A N/A 14.57 This is volatile but worth watching. DVY Watching N/A N/A 36.76 Dividend ETF. Watching to see if it breaks out of a base. XLF Watching N/A N/A 12.32 Looking for a close above the 200 day which is 12.68 CAT 37.01- 38.99 5% 34.69 38.47 Nice chart (see video.) IYT 57.01- 59.99 5% 56.06 60.24 May take a run at the 50 day at 62. AMZN 80.01- 83.99 5% 78.87 87.56 Good day w/ volume. Move stop. QCOM 41.51- 43.99 5% 41.47 45.51 Good day on low volume. GE > 12.99 5% 13.89 13.54 We may short this again... MCD < 59 7% 55.25 59.87 Acting as expected. MCK < 40.50 5% 37.27 41.62 Closed right at the 200 day. DUG Watching N/A N/A 16.55 Good day w/ volume. SMH 19.65-20.99 5% 19.64 21.11 Looks like it wants to pull in and test the 50 day. X Watching N/A N/A 36.21 Flat today. KO 44.01-46 5% 45.29/47.14 49.44 Tested 50 again but was turned away. SDS Watching N/A N/A 53.29 Watch video to see support. QID Watching N/A N/A 31.61 Support is at 30. POT < 100 5% 108.57 113.63 In a range between 110 and 120. MOS Watching... N/A N/A 53.13 We may re-enter. SKF Watching N/A N/A 40.05 Testing new lows. DBC < 21.90 5% 22.44 23.89 Closed at the 200 day. We still have half our position. GDX 36.74 5% 41.07 41.03 Stopped out on the remainder for a nice % profit. May re-enter... SLV 13.53 5% 14.67 15.01 We were topped out on half at 15.50 on Wednesday. Keep stop tight on balance. PEP 50.00- 51.66 5% 52.55 54.88 Closed right at the 200 day. SPY 75.64 45% Mental 94.55 Turned away at 95 all week (see video.) AAPL 112.64 5% 128.33/ 138.50 144.67 Profit taking should enter this stock soon. GLD 89.73 5-8% 91.47 93.71 Gold got smacked today! USO (28.46) 31.86- 32.76 5% 34.64 37.40 Held up nicely today. 40 is resistance if it makes it. SSO 20.19 5% 25.55 27.48 29.28 is the 200 day. We will use this once the market pulls in and holds. Time to put in a hard stop. DBA Watching... 5% N/A 27.95 Nice recovery. We may re-enter soon. MSFT 19.72 5% 20.44 22.14 Continues to act well. TBT 47.91 5% 52.37 56.94 Bond got crushed today so TBT (short bonds) did well. 60 may be in the cards. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 4:47 PM 6/9/2009 PST   No Change... The market finished flat on lower volume again. Hence, the reason for no post yesterday. So not only did the market finish flat, but our stance from Friday has not changed either. We've added a couple positions for new money and our new subscribers. Continue to maintain cash and move stops. The "Chart of the Day" is GLD. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,763 -1.43 -0.02% 187.93M 8,725- 8,803 6,440/12,560 NASDAQ 1,852 +17.73 +0.97% 2.05B 1,846- 1,870 1,266/2,485 S&P 500 942.43 +3.28 +0.35% N/A 936.15- 946.92 666.79/1,400 Gold 954.70 +2.20 +0.23% 11 954.50- 962.00 711.30/1,009 Oil 70.77 +0.76 +1.09% 1,254 70.43- 70.79 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment EMC 13.01- 13.49 N/A N/A 12.86 Buy on a close between 13.01 and 13.49. SLB 55.60- 60.56 N/A N/A 58.85 Buy on a close between 55.60 and 60.56 UNG Watching N/A N/A 14.17 Very high volume. Choppy trading. Need more time to decide direction. DVY Watching N/A N/A 36.66 Looking for a close above 37.41 XLF Watching N/A N/A 12.50 No change. Looking for a close above the 200 day which is 12.68 CAT 37.01- 38.99 5% 34.69 38.24 Holding up. IYT 57.01- 59.99 5% 56.06 60.90 Looking for a close above the 200 day at 61.68 AMZN 80.01- 83.99 5% 78.87 87.08 Holding up w/ low volume. QCOM 41.51- 43.99 5% 41.47 46.03 Higher volume today. Close at a yearly high. GE > 12.99 5% 13.89 13.57 Status Quo - We may short this again. MCD < 59 7% 55.25 59.08 Took at hit yesterday but recovered today (see video.) MCK < 40.50 5% 37.27 41.40 Tight range. A close above 42 would help. DUG Watching N/A N/A 16.30 We will eventually short Oil. SMH 19.65-20.99 5% 19.64 22.02 TXN helped the semi's today. X 35.22- 37.86 5% 33.12 37.82 Nice close. 40 is a target if we hold 35. KO 44.01-46 5% 46.29/47.71 49.09 Tighten Your stops. SDS Watching N/A N/A 53.24 We keep watching the short side... QID Watching N/A N/A 31.35 We'll continue monitoring the NASDAQ 100 Ultra Short. POT < 100 5% 108.57 115.54 No change. In a range between 110 and 120. MOS Watching. N/A N/A 53.73 We may re-enter w/ a tight stop at 50. SKF Watching N/A N/A 39.42 Testing new lows. DBC < 21.90 5% 22.44 24.06 Nice day w/ a close above the 200 day. We still have half our position. GDX 36.74 5% 41.07 41.09 Watching to re-enter after taking profit. SLV 13.53 5% 14.67 15.03 Keeping our stop tight. PEP 50.00- 51.66 5% 52.55 53.48 Looks like it wants to test its breakout area of 53.00 SPY 75.64 45% Mental 94.64 Basing again... (see video.) AAPL 112.64 5% 132.33 142.72 Need to hold 140. GLD 89.73 5-8% 91.47 93.83 Important to park our stop above entry (Chart of The Day.) USO (28.46) 31.86- 32.76 5% 34.64 38.19 Crude close at over 70 a barrel. SSO 20.19 5% 25.55 27.47 Status Quo. We will use this once the market pulls in and holds. DBA Watching. 5% N/A 27.87 Nice recovery. We may re-enter soon. MSFT 19.72 5% 20.72 22.08 Concerned about white space (see video). Tighten Your stop. TBT 47.91 5% 53.37 57.22 A close above 58 would start another breakout. Tighten Your stop. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:14 PM 6/10/2009 PST   Six Of One... A weak Treasury auction sunk stocks for the first half of trading but then an upbeat Fed Beige Book trimmed the losses with 2 hours left in the session. Volume was heavy. It remains too tough to call. A close below 92.75 w/ volume could be the beginning of a move down. A close above 95.78 could be seen as the next move up. The "Chart of the Day" is EMC. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,739 -24.04 -0.27% 219.92M 8,640- 8,835 6,440/12,426 NASDAQ 1,853 -7.05 -0.38% 2.15B 1,828- 1,873 1,266/2,483 S&P 500 939.15 -3.28 -0.35% N/A 927.97- 949.77 666.79/1,371 Gold 954.70 0.00 0.00% 11 947.50- 964.80 711.30/1,009 Oil 71.38 +0.05 +0.07% 266 71.37- 71.50 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment EMC 13.01- 13.49 5% N/A 12.88 Buy on a close between 13.01 and 13.49 (see video.) SLB 58.77 5% 54.77 59.27 Increased volume. UNG Watching N/A N/A 14.04 Natural Gas – We continue to watch this heavily traded ETF. DVY Watching N/A N/A 36.60 Looking for a close above 37.41 XLF Watching N/A N/A 12.31 Can't seem to close above 200 day which is 12.68 CAT 37.01- 38.99 5% 34.69 37.62 Turned away at 38.85 IYT 57.01- 59.99 5% 56.06 60.93 I still like the chart. Can't seem to close above the 200 day. AMZN 80.01- 83.99 5% 79.17 86.59 Status Quo – Holding up w/ low volume. QCOM 41.51- 43.99 5% 42.38 46.07 Low volume and holding. Move your stop. GE > 12.99 5% 13.89 13.40 No change. We may short this again. MCD < 59 7% 56.39 58.36 Tighten up stop. Weaker today on higher volume (see chart.) MCK < 40.50 5% 37.27 42.33 Tight range. A close above 42 would help, which happened today. DUG Watching N/A N/A 16.07 We will eventually short this one. Oil is over-done on the upside. SMH 19.65-20.99 5% 19.64 22.00 Semi's held up today. X 35.22- 37.86 5% 36.80 40.13 Good day on increased volume. Tighten stop. KO 44.01-46 5% 46.29/47.71 48.41 Keep your stops split 50/50 (see video.) SDS Watching N/A N/A 53.52 Keep watching the short side of this S&P ultra. QID Watching N/A N/A 31.59 We'll continue monitoring the NASDAQ 100 Ultra Short. POT < 100 5% 108.57 117.34 Status Quo – In a range between 110 and 120 (see video.) MOS Watching. N/A N/A 55.28 No change. We may re-enter w/ a tight stop at 50. SKF Watching N/A N/A 40.43 We're ditching this one from the watch list... DBC < 21.90 5% 23.10 23.97 Tighten stop again above entry. GDX Watching 5% 41.07 40.80 Same. Watching to re-enter after taking profit (see video.) SLV 13.53 5% 14.67 15.01 No change – Stopped out on half at 15.50 on last Wednesday. We're keeping stop tight on the balance. PEP 50.00- 51.66 5% 52.55 53.36 Profit taking on low volume. SPY 75.64 45% Mental 94.40 This one could go either way (see video.) AAPL 112.64 5% 136.33 140.25 Move stop. Dipped down as low as 138.30 today. GLD 89.73 5-8% 92.19 93.86 It will be a more highly probable trade w/ a close above 97 (see video.) USO (28.46) 31.86- 32.76 5% 35.49 38.97 This has been our best trade. Let's tighten up the stop again. SSO 20.19 5% 25.55 27.83 No change – We will use this once the market pulls in and holds. DBA Watching. 5% N/A 27.56 We may re-enter soon. Needs to hold 27. MSFT 19.72 5% 20.72 22.55 Acting well but right at resistance. TBT 47.91 5% 53.37 58.77 A close above 58 would start another breakout. It closed above 58 – Resistance at 60 (see video.) Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 6:21 PM 6/12/2009 PST   Choppy... With about 5 minutes before the close the Dow spiked to finish in positive territory for the first time since January. That's a long way to come just to get to break even. The major indexes continued to chop again this week and finished flat. The S&P took several runs at a close above 950 and was turned away each time. More activity could be found in commodities: The metals (GLD, GDX, SLV) sold off during the week as crude (USO) hit multi-month highs. Bonds finally caught a bid with a decent move on Thursday and today via the auction. All stops are in place and will continue to be adjusted to protect profit and limit loss. "Chart of the Day" is SPX (S&P cash). Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,799 +28.34 +0.32% 164.02M 8,717- 8,806 6,440/12,381 NASDAQ 1,853 -3.57 -0.19% 1.94B 1,833- 1,859 1,266/2,483 S&P 500 946.21 +1.32 +0.14% N/A 935.66- 946.30 666.79/1,367 Gold 940.70 -21.30 -2.21% 31 938.60- 944.50 711.30/1,009 Oil 72.25 -0.64 -0.88% 213,984 71.62- 71.62 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment EMC 13.05 5% 12.27 13.26 New trade. We hit our buy point yesterday. Buy below 13.50 but above 13.00. SLB 58.77 5% 54.77 60.27 Profit taking on low volume. UNG Watching N/A N/A 14.67 Waiting for a close above 15. DVY Watching N/A N/A 37.04 No change. Looking for a close above 37.41 XLF Watching N/A N/A 12.49 Status Quo – Can't seem to close above 200 day which is 12.68 CAT 37.01- 38.99 5% 34.69 37.73 A close above 38.88 would help increase the odds. IYT 57.01- 59.99 5% 56.06 60.41 Still closed below the 200 day. AMZN 80.01- 83.99 5% 79.17 84.08 Bounced off the 18 day today. QCOM 41.51- 43.99 5% 42.38 46.05 Down in the morning on low volume decent close. GE > 12.99 5% 13.89 13.51 No change – We may short this again. MCD < 59 7% 56.39 58.36 Bounced off the 200 day average. MCK < 40.50 5% 37.27 42.98 44 is resistance. DUG Watching N/A N/A 15.72 Start watching this more closely. We will eventually short oil. Oil is over done on the upside. SMH 19.65-20.99 5% 19.64 21.63 Holding 21 which is support. X 35.22- 37.86 5% 36.80 39.32 Profit taking from a good week. KO 44.01-46 5% 46.29/47.71 48.49 Bounce off support at 48. SDS Watching N/A N/A 52.63 Keep watching the short side of the S&P ultra. QID Watching N/A N/A 31.84 Same. We'll continue to monitor the NASDAQ 100 ultra short. POT < 100 5% 108.57 116.01 No change – In a range between 110 and 120. MOS Watching. N/A N/A 55.48 Still not all that excited about the chart yet. DBC < 21.90 5% 23.10 23.85 Holding 200 day. GDX Watching 5% 41.07 39.54 Broke support (see video.) SLV Watching N/A N/A 14.63 Profit taking in the metals. PEP 50.00- 51.66 5% 52.55 53.65 Missed getting stopped out by just .05 cents. SPY 75.64 45% 91.17/ Mental 95.08 Stuck in a range. Split your stops 50/50. AAPL 112.64 5% 136.33 136.97 Stopped out for a profit. We may re-enter at some point. GLD 89.73 5-8% 92.19 92.17 Stopped out for a profit here as well. We may re-enter this one too at some point. USO (28.46) 31.86- 32.76 5% 35.49 39.43 Oil is getting a little long in the tooth... SSO 20.19 5% 25.55 27.80 Status Quo – We will use this once the market pulls in and holds. DBA Watching. 5% N/A 27.32 Watching. We may re-enter soon. Needs to HOLD 27 which it bounced off of today. MSFT 19.72 5% 21.46 23.55 Nice day – Tighten your stop. TBT 47.91 5% 54.67 56.59 Bonds caught a bid the last two days. Tighten stop. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 6:34 PM 6/15/2009 PST   Getting defensive... Major stock indexes took a hit today with increased volume. For the past two weeks we've noted the inability for the S&P to close above 950. The commodity related stocks and ETF's took the biggest hit today. The metals led the way down. Hence, the reason we exited GDX and SLV last week. So were does the market go from here? Too early to tell but lets prepare ourselves by maintaining cash and probing the short side. The "Chart of the Day" is SDS (S&P short). Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,612 -187.13 -2.13% 230.22M 8,578- 8,799 6,440/12,381 NASDAQ 1,838 -42.42 -2.26% 2.08B 1,803- 1,838 1,266/2,483 S&P 500 923.72 -22.49 -2.38% N/A 919.65- 942.45 666.79/1,367 Gold 927.50 -13.20 -1.40% 31 927.00- 936.10 711.30/1,009 Oil 70.06 -0.56 -0.79% 1,660 69.90- 70.65 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment UNG 15.11- 15.99 5% 14.57 15.71 This is a new trade for 6/16/2009. EMC 13.01- 13.49 5% 12.27 12.98 This is a new trade for 6/16/2009. Held up well today considering the sell-off. SLB 58.77 5% 54.77 58.59 Light volume w/ end of day recovery. IEF Watching N/A N/A 89.47 Long bonds. Waiting for it to pull in. DVY Watching N/A N/A 36.21 Same. Looking for a close above 37.41 XLF Watching N/A N/A 12.17 No change – Can't seem to close above 200 day which is 12.68 CAT 37.01- 38.99 5% 34.69 36.12 Turned away at 38.85 IYT 57.01- 59.99 5% 56.06 57.92 56.25 is the 50 day average. AMZN 80.01- 83.99 5% 79.17 83.10 Recovered to close above the 18 day. QCOM 41.51- 43.99 5% 42.38 44.31 Pulled in into break out area. GE > 12.99 5% 13.89 13.15 Status Quo. We may short this again soon. MCD < 59 7% 56.39 57.33 Holding the 200 day average (see video.) MCK < 40.50 5% 37.27 41.51 Still above the 200 day average. DUG Watching N/A N/A 15.72 We'll start watching this one more closely. We will eventually short oil. Oil is over done on the upside (see video.) SMH 19.65-20.99 5% 19.64 21.63 Bounced off 21. Semis held up on a poor day. X 35.22- 37.86 5% 36.80 37.10 Our stop is tight. Steel stocks were the some of the biggest losers today. KO 44.01-46 5% 46.29/47.71 48.11 It's important not to give back profit here. SDS Watching N/A N/A 55.10 Featured in our "Chart of The Day." QID Watching N/A N/A 33.15 No change – We'll continue to monitor the NASDAQ 100 ultra short (see video.) POT < 100 5% 108.57 111.34 Critical not to give back profit here. Testing the lower end of the channel. MOS Watching. N/A N/A 53.12 50 may be a magnet. DBC < 21.90 5% 23.10 23.85 Almost stopped out. Closed at the 200 day average. GDX Watching 5% 41.07 37.94 Down again. We're pleased we sold at 41.07 to lock in profit even if we eventually buy it back higher. SLV Watching 5% N/A 13.83 The metals need to find a bottom before we take action again. PEP 50.00- 51.66 5% 52.55 52.88 Almost stopped out again. SPY 75.64 45% 91.17/ Mental 92.90 Closed right at the lower end of the recent 10 day channel (see video.) AAPL 112.64 5% 136.33 136.09 We were stopped out for a profit. May re-enter at some point in the near future. GLD 89.73 5-8% 92.19 91.10 Same here, stopped out for a profit. Possible re-entry soon. USO (28.46) 31.86- 32.76 5% 35.49 38.52 Held up fairly well. Giving the stop some room. SSO 20.19 5% 25.55 27.80 Status Quo – We will use this once the market pulls in and holds. DBA Watching. 5% N/A 27.32 Bounce off the 50 day average but close much lower than where we exited for a profit. MSFT 19.72 5% 21.46 23.42 How 'bout good 'ol Softy closing in the black today huh? TBT 47.91 5% 54.67 55.49 Needs to hold 55, which is why our stop is kept tight. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 3:45 PM 6/16/2009 PST   200 Day... The Dow broke the 200 and stopped right at support which is 8,500. We are just above the 200 day on the S&P. We are due for a bounce tomorrow. If we get the bounce you will get a better shot at the SDS (short S&P) vs. today's close. The "Chart of the Day" is $INDU (The Dow). Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,505 -107.46 -1.25% 240.69M 8,499- 8,644 6,440/12,381 NASDAQ 1,825 -20.20 -1.10% 2.15B 1,796- 1,831 1,266/2,483 S&P 500 911.97 -11.75 -1.27% N/A 911.60- 928.00 666.79/1,367 Gold 932.20 +4.70- +0.51% 31 931.60- 938.00 711.30/1,009 Oil 70.08 -0.39 -0.55% 516 70.00- 70.33 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment SDS Buy at Market 10% Mental 56.57 This is a new trade for tomorrow 6/17/2009. Let's take a position in the event it doesn't pull in. We will add if it pulls in and holds (see video.) UNG 15.11- 15.99 5% 14.57 15.49 Very volatile which is typical for this ETF lately. EMC 13.05 5% 12.27 12.62 12.50 is near term support. SLB 58.77 5% 54.77 56.97 Support is at 55.00 IEF Watching N/A N/A 88.97 No change on this Long Bonds. Waiting for it to pull in. DVY Watching N/A N/A 35.74 Approaching the 50 day to the down side. XLF Watching N/A N/A 11.96 Higher volume sell-off today. CAT 37.01- 38.99 5% 34.69 35.56 Very close to support. IYT 57.01- 59.99 5% 56.06 57.15 Stop is parked below the 50 day. AMZN 80.01- 83.99 5% 79.17 82.15 I did not expect this stock to hold this well (so far...) in this sell-off. QCOM 41.51- 43.99 5% 42.38 43.45 Stop parked just below the 50 day. GE > 12.99 5% 13.89 12.78 We will short above 13. MCD < 59 7% 56.39 57.07 Closed below the 200 day; 56 is support. MCK < 40.50 5% 37.27 41.81 Oil continues to lead. DUG Watching N/A N/A 17.14 Big move today as traders anticipate a pullback in crude. SMH 19.65-20.99 5% 19.64 21.04 20 range is support. X 35.22- 37.86 5% 36.80 36.70 Stopped out for either a very small loss or profit depending on your entry point. KO 44.01-46 5% 46.29/47.71 47.83 No change – It's important not to give back profit here. QID Watching N/A N/A 33.82 May add very soon with a shot at 40 (see video.) POT < 100 5% 108.57 107.18 Stopped out for an 8% profit. MOS Watching. N/A N/A 51.21 We exited this at a profit. Let's wait for it to bounce and hold before we re-enter. DBC < 21.90 5% 23.10 23.30 Our stop is above entry. GDX Watching N/A N/A 38.37 It touched the 50 day yesterday (see video.) SLV Watching N/A N/A 13.99 A gap may be filled above 14.21 (see video.) PEP 50.00- 51.66 5% 52.55 52.34 Stopped out today for a profit. SPY 75.64 45% 91.17/ Mental 91.64 We could possibly be stopped out tomorrow (see video.) AAPL Watching N/A N/A 136.35 Keeping a close eye... GLD Watching N/A N/A 91.93 A well deserved bounce today. USO (28.46) 31.86- 32.76 5% 37.49 38.51 Move stop up tighter to protect profit. SSO 20.19 5% 25.55 25.79 Same. We will use this once the market pulls in and holds. DBA Watching. 5% N/A 26.33 A gap above 26.80 that may get filled (see video.) MSFT 19.72 5% 22.46 23.46 Let's bag at least a 10% profit, and move your stop (see video.) TBT 47.91 5% 54.67 53.59 Stopped out for profit (see video.) Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 3:46 PM 6/17/2009 PST   200 Day... Again. Yesterday we talked about the Dow breaking the 200 day average. Today the SPX (S&P cash) bounced off of it. A somewhat dead bounce at that. 900 is a key support level on the SPX. I really expected the market to bounce big today which was the reason for the small short (SDS) position yesterday. A bounce before the week ends would give us a chance to add to the short position over the next couple weeks provided 950 (resistance) holds. Adjust your stops. The "Chart of the Day" is POT (Potash Corp.) Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,497 -7.49 -0.09% 237.87M 8,461- 8,563 6,440/12,379 NASDAQ 1,800 +11.88 +0.66% 2.15B 1,785- 1,824 1,266/2,483 S&P 500 910.71 -1.26 -0.14% N/A 903.78- 918.44 666.79/1,367 Gold 936.00 +3.80 +0.41% 5 930.70- 938.20 711.30/1,009 Oil 70.84 +0.56 +0.80% 247,926 69.00- 69.93 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment SDS 56.60 10% Mental 56.69 I expected the market to bounce big today. I'm glad we got our feet wet with this one. UNG 15.11- 15.99 5% 14.57/ Mental 15.88 Report out tomorrow. Keep hard stop on half your position only, in the event we go really low and pop back up (see video.) EMC 13.05 5% 12.27 12.68 Bounced off the 50 day. SLB 58.77 5% 54.77 55.98 Oil should be getting weaker. IEF Watching N/A N/A 89.73 Looking for the ABC wave before we enter (see video.) DVY Watching N/A N/A 35.60 No change – Approaching the 50 day to the down side. XLF Watching N/A N/A 11.61 Needs to move above 12 before we show any interest. CAT Watching 5% 34.69 34.80 Stopped out. IYT Watching 5% 56.06 57.17 Stopped out. AMZN 82.49 5% 79.17 82.65 Still holding up. QCOM 41.51- 43.99 5% 42.38 45.09 This was a trade that you could've added in the last couple days (see video.) GE > 12.99 5% 13.89 12.25 Status Quo – We will short above 13. MCD < 59 7% 56.39 57.37 Back to the 200 day. MCK < 40.50 5% 37.27 43.11 Looks like it wants to test 44. DUG Watching N/A N/A 17.67 We'll continue monitoring this Ultra short crude. SMH 20.66 5% 19.64 21.48 Nice job holding 21. KO 44.01-46 5% 46.29/47.71 47.93 Interesting pattern (see video.) QID Watching N/A N/A 33.16 Short NASDAQ 100. POT Watching N/A N/A 95.59 "Chart of The Day" MOS Watching. N/A N/A 46.25 Got hit today. Remember we were profitable here. DBC Watching N/A 23.10 23.37 Stopped out for a profit. GDX Watching N/A N/A 38.23 Bounced off the 50 day again. SLV Watching N/A N/A 14.12 No change. A gap may be filled above 14.21 SPY 75.64 22.5% 91.17/ Mental 91.55 We have sold half on our hard stop at 91.17 (see video.) AAPL Watching N/A N/A 135.58 Keeping a close eye... GLD Watching N/A N/A 92.35 A gap may be filled to the upside. USO (28.46) 31.86- 32.76 5% 37.49 38.70 We were almost stopped out. Keep stop tight to protect profit. SSO 20.19 N/A 25.55 25.66 Stopped out for a very healthy profit. We will load up on this once the S&P pulls in and holds. DBA Watching. N/A N/A 26.45 This could be a new trade soon. MSFT 19.72 5% 22.46 23.68 Held up nicely but clearly over-bought which is the reason for keeping our stop tight. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 5:32 PM 6/18/2009 PST   Volume... For the most part the defensive stocks led the market today. One of those stocks is KO (Coca-Cola) which was a featured stock in the video yesterday. Keep in mind that cash is a position and may many times be the very best position during this low volume and potential trading range summer (see video.) However, look for high volume tomorrow w/ triple witching. I'm watching bonds very closely - both the long and the short. RIMM (Research in Motion, Inc.) announced a weaker forecast which may hit the tech sector tomorrow. TBT (short bonds) and PEP (Pepsi) are back in the table. No new trades today. Always check your positions to adjust stops. The "Chart of the Day" is PEP. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,556 +58.42 +0.69% 220.05M 8,475- 8,591 6,440/12,212 NASDAQ 1,808 -0.34 -0.02% 1.98B 1,796- 1,817 1,266/2,473 S&P 500 918.37 +7.66 +0.84% N/A 907.94- 921.93 666.79/1,350 Gold 934.60 -1.40 -0.15% 5 933.00- 939.80 711.30/1,009 Oil 71.55 +0.18 +0.25% 314 71.33- 71.64 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment PEP Watching N/A N/A 54.92 As featured in our "Chart of the Day." TBT Watching N/A N/A 55.76 Bonds may be the big movers this summer. SDS 56.60 10% Mental 56.07 This 10% position along with the balance of the SPY enables us to hedge our holdings. UNG 15.86 5% 14.57 15.29 Put one (1) hard stop on the entire position. I think we will eventually make 30% on this ETF. However, we might get knocked out a couple times prior to that. EMC 13.05 5% 12.27 12.88 A close above 13.07 would increase the probability of a further advance. SLB 58.77 5% 54.77 55.75 No change. Oil should be getting weaker. IEF Watching N/A N/A 88.64 Bonds got hit today. The TBT (short bonds) may show more promise. Let the charts develop. DVY Watching N/A N/A 35.80 Need to hold the 50 day at 35.32 XLF Watching N/A N/A 11.89 Needs to climb above the 200 day above 12.25 now before we show an interest (see video.) AMZN 82.49 5% 79.17 81.59 Our stop is just below the 50 day. QCOM 43.74 5% 42.38 45.28 Recovered nice after weakness in the morning. GE Watching N/A N/A 11.97 Shoulda-woulda-coulda shorted this... I think it's going to 10. We'll keep it on the list because we may short it yet. MCD 58-59 7% 56.39 58.16 Buy between 58 and 59 if you're not already in. Somewhat of a defensive play (see video.) MCK Bot at 39.44 5% 40.66 44.00 Move stop above entry. Looks like it wants to test 44. Closed right at 44. DUG Watching N/A N/A 17.86 Status Quo. We'll continue monitoring this Ultra short crude. SMH 20.66 5% 19.64 21.06 Keeping stop on a tight leash. KO 44.01-46 5% 46.29/47.71 49.55 Watching to enter w/ new money if you don't already own it. QID Watching N/A N/A 33.28 No change – Short NASDAQ 100. DBC Watching N/A N/A 23.40 Commodity ETF that we may enter again provided it holds 23. GDX Watching N/A N/A 37.20 Gold miners. (See video.) SLV Watching N/A N/A 13.97 Same. A gap may be filled above 14.21 SPY We bot @ 75.64 22.5% Mental 92.22 Holding 50 day and 200 day moving averages. If we get above 95.75 on a close we will get long again and close out our short S&P position SDS (see video.) AAPL Watching N/A N/A 135.88 Always watching in case of re-entry... GLD Watching N/A N/A 91.61 Looks like it wants to test support at 90. USO We bot @ 28.46 5% 37.49 38.85 This is the only oil ETF that I follow that has held up. It's possible we get through 40. SSO Watching. N/A 25.55 26.04 We may load up on this once the S&P pulls in and holds. DBA Watching. N/A N/A 26.29 I'm keeping this on the table because it's holding the 50 and 200 day - plus a gap is above that could be filled. MSFT We bot @ 19.72 5% 22.76 23.50 Tighten your stop ever so slightly. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 4:18 PM 6/19/2009 PST   Hedging... The S&P and NASDAQ (thanks to Microsoft, Inc.  – MSFT) finished above the line but the Dow prints its first negative week in more than a month. Volume was heavy today due to option expiration. The Fed meets (rate decision) on the 24th. The only new trade is QCOM. You can buy QCOM if you do not already own it. Put in a limit order to buy at 46 or better. See table below for stop. In addition to the regular M48 Bulletin Trading Video you also have a second, and very informative, Intraday Live Video to watch. I recommend you watch the Intraday Live video first. The "Chart of the Day" is USO. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,540 -15.87 -0.19% 528.71M 8,497- 8,617 6,440/12,188 NASDAQ 1,827 +19.75 +1.09% 2.88B 1,817- 1,838 1,266/2,473 S&P 500 921.23 +2.86 +0.31% N/A 915.80- 927.09 666.79/1,348 Gold 936.20 +1.60 +0.17% 5 934.50- 939.00 711.30/1,009 Oil 69.40 -1.82 -2.56% 99,487 68.91- 71.70 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment PEP Watching N/A N/A 53.91 Down below the 200 Day Average. TBT Watching N/A N/A 54.34 Filling downside gap. SDS Bot @ 56.60 10% Mental 55.60 No change; This 10% position along with the balance of the SPY enables us to hedge our holdings. UNG Bot @ 15.86 5% 14.57 15.16 Lower price w/ lower volume. EMC 13.05 5% 12.27 13.10 High volume w/ slight increase in price. SLB 58.77 5% 54.77 55.35 Status Quo; Oil should be getting weaker. IEF Watching N/A N/A 89.05 Bonds reversed up today to potentially fill upside gap. We'll continue to watch. DVY Watching N/A N/A 35.69 No change; Need to hold the 50 day at 35.32 XLF Watching N/A N/A 12.04 Status Quo – Needs to climb above the 200 day above 12.25 now before we show an interest (see video.) AMZN 82.49 5% 79.17 82.96 No change; Our stop is just below the 50 day. QCOM Bot @ 43.74 5% 42.38 46.00 New buy point for you who don't already own this, is between 44.78 and 46.00. We originally bot below 43.74. Increased price w/ increased volume. GE Watching N/A N/A 12.10 Waiting for short entry. MCD Bot below 59 7% 57.90 58.17 Move your stop. MCK Bot at 39.44 5% 41.44 44.61 Move stop 5% above buy point. DUG Watching N/A N/A 18.13 No change; We'll continue monitoring this Ultra short crude. SMH 20.66 5% 20.75 21.39 Move your stop even tighter; sligthly above entry. KO Bot below 45. 5% 46.29/47.71 48.81 Watching to enter w/ new money if you don't already own it. Stuck in range a tight betwenn 48 and 50. QID Watching N/A N/A 32.63 No change – Short NASDAQ 100. May fill a downside gap soon. DBC Watching N/A N/A 23.20 Not a highly probable chart at this point. I'm glad we took our profit. GDX Watching N/A N/A 38.38 Held the 50 day again. SLV Watching N/A N/A 13.99 Flat again today. SPY We bot @ 75.64 22.5% Mental 92.04 No change; Holding 50 day and 200 day moving averages. If we get above 95.75 on a close we will get long again and close out our short S&P position SDS. AAPL Watching N/A N/A 139.48 Big day with big volume on good news. Watching to possibly re-enter. GLD Watching N/A N/A 91.90 The metals have been flat all week... USO We bot @ 28.46 5% 37.49 37.97 "Chart of the Day" SSO Watching. N/A 25.55 26.23 Could go either way as the 50 day and 200 day close in on each other. Same chart as the SPX and SPY. DBA Watching. N/A N/A 26.00 Bounced off the 200 day. Too tough to call. I'm pleased we are out of it (profitably) for now. MSFT We bot @ 19.72 5% 22.76 24.07 Part of me wants to tighten up the stop further. However, let's give it a little room because on a weekly chart it looks like we could get to 25. If we do get to 25 (before being stopped out) we will sell half and really tighten the stop. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 4:22 PM 6/22/2009 PST   Profit Taking... The World Bank said the global economy will shrink 2.9% this year which is worse than its earlier contraction numbers of a 1.7%. This news started the selling this morning and the breaking of certain moving averages added to it. Remember, we want to see the market drop further (see video.) Everyone should have a good percentage sitting in cash due to profit taking the last few weeks and some small losses w/ stops being hit today. I have left the losers on the table. Some of our good size winners like SPY, SSO, AAPL, USO, GDX, DBA, DBC and SLV will be purchased again and may remain on the table in our "watch folder." We may get a bounce shortly after the open tomorrow. Right now you should have a 10% short position in the SDS (ultra short S&P). New Trade: QID (see video.) The "Chart of the Day" is SDS. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,339 -200.72 -2.35% 291.24M 8,335- 8,539 6,440/12,078 NASDAQ 1,766 -61.28 -3.35% 2.21B 1,766- 1,811 1,266/2,473 S&P 500 893.04 -28.19 -3.06% N/A 893.04- 918.13 666.79/1,341 Gold 921.00 -15.20 -1.62% 5 919.70- 925.00 711.30/1,009 Oil 67.06 -2.62 -3.76% 26,203 66.25- 67.90 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment QID Buy @ Market 5% 31.74 34.58 NEW TRADE. Take a very small position in this NASDAQ 100 short ETF. PEP Watching N/A N/A 53.49 Looking for a close above 54.45 at this time. TBT Watching N/A N/A 53.28 No direction yet. SDS Bot @ 56.60 10% Mental 58.73 "Chart of the Day" UNG Bot @ 15.86 5% 14.57 14.65 Stopped out. We may re-enter soon so keep watching as a possible new trade. EMC 13.05 5% 12.27 12.63 Holding the 50 day and 200 day (see video.) SLB 58.77 5% 54.77 53.23 Stopped out. IEF Watching N/A N/A 89.53 Filled the gap we talked about Friday. AMZN 82.49 5% 79.17 79.15 Stopped out. QCOM 44.77-46.00 Bot @ 43.74 5% 42.38 44.40 If you don't already own this, buy between 44.77 and 46.00. We originally got in at 43.74 Holding the 50 day moving average which is at 42.84 MCD Bot below 59 7% 57.90 57.20 Stopped out. MCK Bot at 39.44 5% 42.24 43.49 Tighten your stop even further. SMH 20.66 5% 20.75 20.75 Stopped out. KO Bot below 45. 5% 46.29/47.71 47.99 We keep a tight stop to ensure locked in profit. DBC Watching N/A N/A 22.42 No change; Not a highly probable chart at this point. I'm glad we took our profit. Looking for a bounce off of 22. GDX Watching N/A N/A 35.74 Broke the 50 day average (see video.) SLV Watching N/A N/A 13.54 Support is at 13. SPY We bot @ 75.64 22.5% Mental 89.28 Status Quo – Holding 50 day and 200 day moving averages. If we get above 95.75 on a close we will get long again and close out our short S&P position SDS. AAPL Watching N/A N/A 137.17 Opened higher on big news to eventually close down. GLD Watching N/A N/A 90.54 Broke the 50 day but needs to hold 90 which is support. USO We bot @ 28.46 5% 37.49 36.25 Stopped out today for a profit. SSO Watching. N/A N/A 24.66 Broke 50 day today. We will load up on this once we pull in and hold. DBA Watching. N/A N/A 25.66 Closed below the 200 day. Support is at 25. MSFT We bot @ 19.72 5% 22.76 23.28 23 is support near term, so we will continue to park stop just south of 23. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 7:01 PM 6/23/2009 PST   Sideways... Low volume and little movement today as traders wait for the Fed rate decision tomorrow Wednesday June 24th, scheduled to be announced at 11:15 PST. BA (Boeing) took the Dow down slightly today. Bond auction all week. Two year auction went well today. No Fed news (expected) tomorrow would be good news. No new trades today. The "Chart of the Day" is RTH (Retail Holders ETF). Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,323 -16.10 -0.19% 237.15M 8,286- 8,371 6,440/12,009 NASDAQ 1,765 -1.27 -0.07% 2.07B 1,754- 1,778 1,266/2,473 S&P 500 895.10 +2.06 +0.23% N/A 888.86- 898.69 666.79/1,336 Gold 924.30 +3.30 +0.36% 23 917.40- 926.00 711.30/1,009 Oil 68.14 -1.10 -1.59% 2,125 68.06- 68.72 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment RTH Watching N/A N/A 75.63 "Chart of the Day." We're looking to possibly short this one. QID Bot @ 34.72 5% 31.74 34.01 Important to have a hedge on for the NASDAQ. PEP Watching N/A N/A 53.01 No change; Looking for a close above 54.45 at this time. TBT Watching N/A N/A 51.85 Looks like it wants to test support at 50. SDS Bot @ 56.60 10% Mental 58.70 A good idea that this position would make up between 15% to 20% of your long S&P positions. Remember this is an ultra - so it is typically double the ride in both directions. UNG Watching N/A N/A 14.48 Let's see if it holds 14 which is support. EMC 13.05 5% 12.27 12.58 Bounced off the 50 day which is a good sign so far. IEF Watching N/A N/A 89.82 We may buy this soon due to lower risk % because the stop would be close (see video.) QCOM 44.77-46.00 Bot @ 43.74 5% 42.38 44.49 No change; Holding the 50 day moving average which is at 42.84. If you don't already own this, buy between 44.77 and 46.00. We originally got in at 43.74 MCK Bot at 39.44 5% 42.24 43.38 Oil and refiners got a bounce today. KO Bot below 45. 5% 46.29/47.71 47.80 Status Quo – Stop is tight to lock in profit. DBC Watching N/A N/A 22.81 Commodity ETF. See chart for valuable educational purposes. GDX Watching N/A N/A 37.33 Keeping an eye on the dollar. We may jump on this soon (see video.) SLV Watching N/A N/A 13.62 No change; Support is at 13. Closed below 50 day again. SPY We bot @ 75.64 22.5% Mental 89.35 By far our biggest position. Closed below the 50 and 200 day again today on light volume. AAPL Watching N/A N/A 134.01 Higher volume today. I'd prefer it to test 130 before we make a decision to jump back in. GLD Watching N/A N/A 90.92 Holding support at 90. USO Watching N/A N/A 37.41 Out w/ nice profit. No clear direction yet. Bounced today filling gap (see video.) SSO Watching. N/A N/A 24.75 No change; Broke 50 day today. We will load up on this once we pull in and hold. DBA Watching. N/A N/A 26.06 Nice move today as it closed above the 200 day but still sits below the 50 day (see video.) MSFT Bot @ 19.72 5% 22.76 23.34 Status Quo – 23 is support near term, so we will continue to park stop just south of 23 (see video.) Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 3:55 PM 6/25/2009 PST   A Handful Of Trading Days... As the quarter comes to an end we are not only filling upside gaps but all the managers who were sitting on the sidelines have to show in their quarterly reports that they were in the market. Hence the main reason for the market moving up, possibly until the beginning of July, which is a mere three trading days away. Simply put, if we break through 95 on a close we will add to our S&P positions and as previously mentioned, exit the short hedge with a small loss - for now... New positions: IEF (long bonds) - Buy at market. AAPL (Apple, Inc.) - Buy below 140. The "Chart of the Day" is EMC. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,472 +172.54 +2.08% 222.54M 8,259- 8,490 6,440/12,009 NASDAQ 1,830 +37.20 +2.08% 2.15B 1,779- 1,830 1,266/2,473 S&P 500 920.26 +19.32 +2.14% N/A 896.27- 921.42 666.79/1,336 Gold 939.50 +5.10 +0.55% 1 936.80- 939.80 711.30/1,009 Oil 70.23 0.00 0.00% 191 70.20- 70.41 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment IEF Buy @ Market 8% 87.37 90.60 Keeping stop very tight (see video.) AAPL < 140 5% 133.92 139.86 Same here; Very tight stop as I do not want to erase recent profits (see video.) Buy below 140. RTH Watching N/A N/A 78.19 50 day moving average is resistance. Continue to monitor as a short. QID Bot @ 34.72 5% 31.74 32.17 NASDAQ was up big today! I'll go on record that this one will eventually hit $40. But for now we have to keep our stop tight. PEP Watching N/A N/A 53.99 Status Quo – Looking for a close above the 200 day average (see video.) TBT Watching N/A N/A 51.03 No change; Looks like it wants to test support at 50. SDS Bot @ 56.60 10% Mental 55.28 If the S&P gets above 95 we will take this off as a loss. UNG Watching N/A N/A 14.56 It bounced off of 14 as expected. Too tough to call right now. EMC 13.05 5% 12.27 13.49 "Chart of the Day" QCOM 44.77-46.00 Bot @ 43.74 5% 42.38 46.31 Listen in to comment in the video; If you don't already own this, buy between 45.07 and 46.00. We originally got in at 43.74 MCK Bot at 39.44 5% 43.41 44.77 Move stop. If we get to 46 sell half on a limit order (see video.) KO Bot below 45. 2.5% 46.85 47.85 Stopped out for profit on half at 47.71. Move stop on remaining half to 46.85 DBC Watching N/A N/A 23.00 Filled gap as expected. GDX Watching N/A N/A 39.99 Nice move! Low volume... SLV Watching N/A N/A 13.81 Should fill gap just below 14. SPY We bot @ 75.64 22.5% Mental 92.08 Big volume with strong surge to fill gap (see video.) GLD Watching N/A N/A 92.31 May have a shot at 95 provided it holds 90. USO Watching N/A N/A 38.05 Stuck in a range between 35 and 40. SSO Watching. N/A N/A 26.14 Filled gap just like the SPY. DBA Watching. N/A N/A 26.08 Flat. Stuck between the 50 and 200 day average. MSFT Bot @ 19.72 5% 22.88 23.79 Tighten stop once again. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 2:38 PM 6/26/2009 PST   S&P vs. NASDAQ... The Dow and the S&P look vulnerable (head and shoulders formation) while the NASDAQ holds its trend line, for now. As mentioned yesterday, window dressing may give the market a lift early next week as fund managers continue to jump into top performing stocks that they did not really own all quarter. Just one more reason not to ever buy a mutual fund again. We continue to keep our stops tight as explained in tonight's video. New Trades: PEP (Pepsi) AMZN (Amazon) The "Chart of the Day" is AMZN. Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,438 -34.01 -0.40% 307.64M 8,401- 8,469 6,440/11,934 NASDAQ 1,838 +8.68 +0.47% 910.69M 1,817- 1,841 1,266/2,473 S&P 500 918.90 -1.36 -0.15% N/A 913.03- 922.00 666.79/1,316 Gold 941.00 +1.50 +0.16% 1 938.00- 947.90 711.30/1,009 Oil 69.44 -1.07 -1.52% 199,107 68.81- 70.02 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment PEP 53.01- 55.24 7% 52.41 54.70 Closed above the 200 day. Buy between 53.01 and 55.24, and make sure to keep your stop tight (see video.) AMZN 82.01-84.99 5% 77.43 83.88 Featured in our "Chart of the Day". Buy between 82.01 and 84.99. Held support recently at 75. Above the 50 day again. 90 is in sight and possibly 100 if we can hold the 50 day. QLD Watching N/A N/A 38.15 NASDAQ 100 ultra long (see video.) IEF Bot @ 90.71 8% 87.37 90.72 Keep stop tight (see video.) AAPL 139.01-143.99 We bot @ 5% 133.92 142.44 Opened this morning below 140. If you're not already in, you can buy between 139.01 and 143.99. Our stop is tight (see video.) RTH Watching N/A N/A 77.82 50 day moving average is resistance. Continue to monitor as a short. QID Bot @ 34.72 5% 31.74 31.79 The Nas continues to lead. We may flip to the long side soon using the QQQQ or QLD. SDS Bot @ 56.60 10% Mental 55.53 Maintain mental stop due to head and shoulders formation in the S&P. UNG Watching N/A N/A 14.79 Very volatile. Keep watching... EMC 13.05 5% 12.27 13.51 Needs to hold 13 to increase probabilities. QCOM Bot @ 43.74 5% 43.12 46.19 Holding trend line. Let's move the stop to just under the 50 day. MCK Bot at 39.44 5% 43.41 44.67 No change; If we get to 46 sell half on a limit order. KO Bot below 45. 2.5% 47.26 48.13 Tighten stop yet again. DBC Watching N/A N/A 22.81 Monitoring... GDX Watching N/A N/A 39.20 Not an ideal chart yet. SLV Watching N/A N/A 13.90 Slow season for the metals. SPY We bot @ 75.64 22.5% Mental 91.84 Head and shoulders formation (see video.) GLD Watching N/A N/A 92.29 May enter soon with a tight stop at 90 USO Watching N/A N/A 37.51 Oil may take a break soon so we'll keep watching. SSO Watching N/A N/A 26.02 Potential head and shoulders similar to the SPY. DBA Watching N/A N/A 25.88 Continues to be flat. Stuck between the 50 and 200 day average. MSFT Bot @ 19.72 5% 22.88 23.35 Important we keep the tight stop. Click Here to watch the M48 Bulletin Trading Video.   Time Stamped » 6:36 PM 6/30/2009 PST   Right Shoulder is Holding... The quarter and the 'window dressing' has ended. As of tonight commodities continue to show weakness. Let's see how our head and shoulder patterns on the Dow and S&P are holding up. I expect low volume going into the long 4th of July weekend. Unless I see a change we will just sit back w/ our stops tight on our selective long positions. New Trades: None. The "Chart of the Day" is GLD (Gold ETF monthly). Market Overview: Market Close Change Volume Day Low-High 52 Week Low/High Dow 8,447 -82.38 -0.97% 233.34M 8,394- 8,560 6,440/11,934 NASDAQ 1,835 -9.02 -0.49% 2.03B 1,825- 1,855 1,266/2,473 S&P 500 919.32 -7.91 -0.85% N/A 912.86- 930.01 666.79/1,313 Gold 927.40 -13.30 -1.41% 1 926.50- 941.20 711.30/1,009 Oil 70.46 +0.57 +0.82% 1,465 70.34- 70.75 32.40/147.55 M48 Positions and Watched Items: Stock/ ETF Approx. Buy Point % of Your Portfolio   Stop   Closing Price Comment PEP 53.01- 55.24 7% 52.41 54.87 Very low volume and holding the 200 day. AMZN 82.01-84.99 5% 77.43 82.74 Low volume w/ very little change. QLD Watching N/A N/A 38.26 Keep watching. IEF Bot @ 90.71 8% 87.37 90.67 As stock sell off typically bonds catch a bid. AAPL 139.01-143.99 We bot @ 139.83 5% 136.14 142.27 Very low volume and finishing flat. Tighten up your stop. RTH Watching N/A N/A 77.42 Still looks really good as a short. QID Bot @ 34.72 5% 31.74 32.02 Stopped out. SDS Bot @ 56.60 10% Mental 55.91 Head and shoulders is still holding on the S&P. UNG Watching N/A N/A 13.79 Down big today. I'm pleased we exited when we did. EMC 13.05 5% 12.27 13.10 Status Quo – Needs to hold 13 to increase probabilities. QCOM Bot @ 43.74 5% 43.12 45.20 Profit taking today. May test support at 44. MCK Bot at 39.44 5% 43.41 43.84 Stop is close to lock in profit. KO Bot below 45. 2.5% 47.26 47.99 46 is support hence the tight stop. DBC Watching N/A N/A 22.62 Big volume w/ to take out stops parked below 22.35. GDX Watching N/A N/A 37.81 We're looking for support... SLV Watching N/A N/A 13.38 13 is support. For now we'll sit on the sidelines... SPY We bot @ 75.64 22.5% Mental 91.95 We will hold this percentage long provide we hold the March lows. GLD Watching N/A N/A 91.18 Inverse head and shoulders (see video.) USO Watching N/A N/A 37.93 No change; Oil may take a break so we'll keep watching. SSO Watching N/A N/A 26.14 We will add this S&P ultra when the market pulls in. DBA Watching N/A N/A 25.45 Huge volume today, and it closed below the 200 day. MSFT Bot @ 19.72 5% 22.88 23.77 Status Quo – Important we keep the tight stop. 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. 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