Trending123 Blog: October 2008 Archives

JL,

I have doubled my trading account, in 1 and 1/2 months, trading very conservative and usually never more than 1% of my account per trade.

Thanks John! I was starting to lose my confidence in trading, but it has since been restored. Everyone just needs to keep a level head and not be foolish trades while we get these nice profits.

Ping

Wow JL keep up the great work!!

My portfolio is up 180% this month.

Very nice!

Bail

JL, increased my portfolio by 50% this week with your option trades. EOG, APA, GOOG puts up over 300%.

weissdml

JL,

I started out trying to state what my numbers were but then looked at it and thought "boy are they going to think you are a big liar". So I will just say these profits we have had this month are OBSCENE.

Donna

JL,

One word...AWESOME

Joined in July 08 and up 42% in my account that I trade your recommendations in trading in and out of your option recommendations. And I don't over leverage at all, just two or three contracts per trade. Actually I would say I have been too conservative but at least I can sleep at night.

I take profits early then re-enter and do it again as long as you have not issued exit alerts on the whole trade. I must admit that I did not take every option play either so shame on me as I likely would have doubled my account.

Outstanding JL...keep up the good work.

RichD

Hi John, my trading has been exceptional since I joined 123, I have about 6 different alert systems with Schaffers!! But I believe you have them beaten hands down! Maybe I shouldn't have mentioned their name, anyway I thinking about dropping all of them, if you can repeat what we have had so far I will. I am eagerly awaiting the next round of option plays, I realize it has alot to do with the market tanking but you were right on and I appreciate your hard work for me, I have made more $$$$$ since I have been with you than I have made in the last 6mo. With somebody else!! Keep the options coming!

Dbruner1

Hi John,

Thanks for all the option gains lately.

POT = +429%
POT = +106%
CLF = +224%
GOOG = +104%
TSO = +51%
TSO = -38%
AKS = +220%
POT = +50%
AKS = +48%
Rimm = +121%
AAPL = +247%

Ok I will quite now before I get too excited!

Thanks John

Chewy

JL,

My trading result this month has been excellent. My account was in bad shape and have doubled it this month. to restore it . So I made 100% of account value this month.

Thanks JL for your excellent teaching and insights.

Rocks

JL,

Just wanted to say thanks again JL, in the past 2 months, I have almost doubled 1 account and tripled another, unbelievable!

HM

JL, my portfolio has gone up 375% since August! THANK YOU!!!

Bud

UNBELIEVABLE EFFORT BY JOHN...He has been right on the money, and he is reading this market extremely well. This man knows what he is talking about, when it comes to stocks, and options. No one better at making you money. Just to tell you something, my portfolio has now increased over 500% in the past month with John's recommendations...No one better! Thanks John for your hard work!

Tbird

Thank you JL!! Winners closed today include

POT 144%
AAPL 225%
APA (only) 86%
EOG 194%
GOOG 279%

Keep the great suggestions coming!

Doro

WOW JL, you're the bomb! What a fantastic month!

This is my best day ever. I've cleared 6 figures net, on option plays today alone. Awesome!

Keep up the super pix! Cheers!

Pat

JL

Up 225% in two months following T123

ttf

John, These option trades you've been having have really made a difference in my account! I just have a small account, and it has doubled in the last week! THANKS SO MUCH!!! Keep them coming!

dlo

Thanks so much JL. My accounts have gone up exponentially! Keep those option trades coming.

Gary

JL

John, you are THE MAN... I'm up 72% ( trading account ) since last Thursday. I cannot thank you enough!!

David

JL,

Option trading has been excellent this past month. Am waiting for your recommendations following today's massive losses. I was a bit afraid to follow all of your advice during July and August, but did profit from the POT and X puts. Keep it up. After today, and Congressional failure to produce a package to help Main Street, we're all going to need it.

Mirlbeck8

John,

I am really thrilled that you are now providing these fantastic options. Finally, i am begining to see some Fabulous profits. My portfolio, as small as it is, has gained 50% today. Many thanks and keep up the good work. I look forward to more great calls by you.

Dave

JL,

Thanks to you john I am up this month 200% your fantastic

Jules

John there is something to say other than your trades have been extremely profitable. If a person listens and watches you charts and updates with a desire to learn to do this themselves. They can. There are other sites but, none that actually teach there customers how to do this on there own. Others say buy this, then tell you to sell that. You have shown your genuine concern that you want not only to make your business profitable but teach your clients how they can go on there own. This is a value on its own.

Thank You

Ron Davis

JL,

John, you are the best! I banked several thousand today on your APA, EOG and POT option recommendations alone and the month of September 08 was my all time best in the option account, thanks to your option suggestions. Thank you and for doing the T123 site.

Bob R

JL,

Keep up the good work. My account doubled since Fri. Thanks alot!

Pellamaniac

JL,

I can't thank you enough! This month was the best ever! One of my brokerage accounts doubled today alone. Keep up the great work!

Orelindel

John, you are the best. Have been with several Financial websites over the years, but you are far and away the best I have ever used. You help us LEARN on top of giving great stock plays. Of course, your options plays are OBSCENE!!

Thank you for your great advice. How do I buy a lifetime membership????!!!!????

Duck-Runner

JL,

Only one superlative needed - "best"! Best day, best week, best month, thanks to your options trades. I have multiple accounts, so the trade count may be misleading. According to my logs, I closed 116 options trades in September thus far. Of those, 80 were directly from T123 recommendations (and I follow directions). Of those 80 T123 trades, 10 had 200%+ profits, another 13 had 100%+ profits, and only 11 were losing trades. Overall profit from those 80 trades were 60%+. Overall profit from my own trades were 55%+ (I look forward to being able to brag about a better return from my own trades).

Now I understand it's useful to talk about percentages because your subscribers have different account sizes. But sometimes it's also illuminating to see some real dollar amounts. The 80 T123 trades I closed in September netted me over $144K in realized profits. My total realized profits from options trades in September (thus far, one more day to go) is over $204K. T123 trades have accounted for 70%+ of thsoe profits!

Keep up the good work, JL. I want to make sure that going forward, you will continue to do 70% of the work for me, and I will take care of the remaining 30%. I sure don't want to work any harder than I am already working...

Thank you, JL.

Coach A

John:

9/29/2008 APAVR Profit $ 2231.96

9/29/2008 EOGVP Profit $ 1969.46

9/29/2008 GOPVP Profit $ 4214.46

9/29/2008 PYPVF Profit $ 7374.92

$15790.80 Total profit

Thanks for a great day!

Jerry

JL,

WOW I love options... up about 200% this month... keep up the good work john.

Drsez

I don't think I have had a better day % or $ ever.
Please keep the options coming.

Thanks Pix

JP

Your advice/recommendations for the past few months have been extremely valuable. Keep up the great work, especially the option trades. This has been a terrible market for long-term investing, but has presented extraordinary opportunities for trading.

Marilyn

To review that pattern you can click here

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Posted by John Lansing on October 1, 2008 2:36 PM | Permalink

Despite passage of the U.S. financial bailout bill futures are tanking

Despite passage of the U.S. financial bailout bill by the U.S. Senate, it appears worries about its fate in the House of Representatives at the end of the week are the driving factor behind a nightly selloff in ES, (SP500 Futures) NQ, (NASDAQ Futures) and, YM (DOW Futures.)

YM (DOW Futures) has now had a nearly 200 point swing down from the highs, and YM in terms of percent is actually holding up the best. NASDAQ futures are down the most but not far behind we have SP500 futures that have had nearly a 20 point swing down from the highs which happened within minutes of the Senate vote decision.

With futures being far worse right now than they were Sunday evening before the Congress decision, tomorrow appears to be in for a very bumpy ride. As I type this they continue to accelerate to the downside dragging down both the Nikkei and Hang Seng.

Although this type of late evening volatility isn't unprecedented it's typically never a good sign for the following trading day if anyone was looking to play a rally in hopes the Senate would come back with the all clear.

This still has to get through the house and the way it looks now, that might not even happen until Friday at the earliest. Then you have to consider what if it's not until the weekend or next week? Does anyone want to hold long over the weekend knowing what just happened this past Monday when the DOW tanked 770+ points for those that bought last Friday trying to play the Congress bounce that never came?

Uncertainty might have lifted as far as the Senate goes but it sure doesn't mean that yesterdays rally wasn't a "Buy the Rumor" and tomorrow turns into a "Sell the Fact".

Time will tell

Targets still look like according to the Descending Triangle Chart Pattern

DOW 9,800 (which is another 1,000 points down)
SP500 1,070
NASDAQ 1860

Your advice/recommendations for the past few months have been extremely valuable. Keep up the great work, especially the option trades.

Marilyn

John, I am a newbie to your site. I am still trying to catch my breath from this past week. I can't thank you enough for your guidance for I am up 97% this past week. I realize past performance is no guarantee for future performance;however, when you've been on the other side of profits this feels great!

I sincerely Thank you.

Frank J

John,

What can I say that would do justice for what I've learned from you?

The picks have been fantastic. I've made "sick" profits from your plays and also from my self-directed variations based on your overall analysis and applying what I've learned on my own from you and other research.

But you've given and continue to give a most important gift. Now, some people will say, well you paid for it but I've subscribed to more newsletters over the years than I care to remember and there are few if any who give of their time and knowledge the way you do. And for that I am deeply appreciative. As I said in Vegas, it has been a life changing event for me. You've given me a thirst for knowledge and motivation to learn that pushed me on the road to independence. I don't think I'll ever be able to analyze or recognize things quite the way you do but you have given me the tools, started me down a successful path, and spurred me to get other tools I need to take care of things on my own. I guess it's the teach to fish, give the fish old adage. You do both.

I can't thank you enough and I'm eternally grateful. I hope you many of your other subscribers realize the value of what they're getting and can make use of it to the degree I have.

Mike

Thanks JL,

My options acct is up over 500% in the last 2 weeks. In the chat room the subject of ETF's came up and I have a account that will not allow option trades. I have been trading QID, SMN and DUG in my no options account and any guidence you can offer will be helpful.

My wife used to insist that a mutual fund with a professional professional money manager would be a better way to invest in the market. Had I left money in a mutual fund I would be down 30% and I prefer being up over 500%

best wishes

netptc

Our Latest 15 Short Trades

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Posted by John Lansing on October 2, 2008 1:05 AM | Permalink

It Doesn't Get Much Easier Than This!! Even A 5th Grader Can Do It!

Our Latest October Closed Option Trades

Oil dropped more than 4% on Thursday as financial market turmoil stoked concerns about fuel demand and sent investors seeking safer havens.

U.S. crude settled down $4.56 at $93.97, while London Brent crude fell $4.77 to settle at $90.56 a barrel.

Shock waves from the global credit crisis spread, threatening industry and jobs worldwide and pressuring the Congress to finish up a $700 billion bailout of the U.S. financial sector.

The growing financial crisis has added to concerns about oil demand, which has slumped in industrialized countries like the U.S. this year, sending crude prices crashing from record highs over $147 a barrel hit in July.

"People are worried about demand deterioration (and) the economy falling into recession," said Tom Knight, a trader with Truman Arnold.

U.S. stocks plunged as reports on unemployment claims and factory orders added to worries about the economy of the world's top energy consumer.

Additional pressure on crude prices came as investors -- who had flocked to crude and other commodities earlier this year as a hedge against the weak dollar and inflation -- unwound positions.

"We are continuing to see funds unwinding positions. This has not only affected speculators, but also the commercial side of the trade in view of problems related to credit constricting," said Gene McGillian, an analyst at Tradition Energy.

Dollar gains against the euro and other currencies also helped push down crude. U.S. government data showing rising inventories of crude, gasoline and natural gas as oil infrastructure recovered from Hurricane Ike, also weighed on prices.

The fate of the U.S. rescue plan, passed by the Senate 74-25 on Wednesday night, now lies with the House of Representatives, which is expected to vote on the bill on Friday.

JL,

Well John...another set of option picks, another huge profit for the "bullishbud" porfolio/kids's college fund. MON and CF were beyond fantastic. Beyond the profits however, are the invaluable trading and market lessons you provide everyday in the "nut hut" trading room. THAT is a dividend that keeps on giving. Keep up the great work and keep those options comin' big guy

Bud (Dad of 4)

Hi John,

Thanks alot JL for the great option plays, especially MON ans CF.
I made 4K overnight. And it was legal, go figure.

Thanks

Chewy

Thank you JL. I took $12,000 out of the market tading trading your options from the last 2 days. My Roth has doubled in the last 30 days. I really appreciate the "why" behind the trades.

Kathy

Thank you John, my banker thanks you, and I thankyou. Not only have I learned much in the past week (I stayed home from work this week to catch the action) but I have a large increase in my account and I was only trading 40% of the account.

Cheers, Charles

JL,

Likewise, thanks JL, for helping me make obscene profits again this week.Please Keep 'em coming!!

ozzie

JL I can't thank you enough, on my MON puts I made obscene profits not counting all the others...booked another 200% profits today.

Wow keep up the great work

Thank you again..You are the greatest

Jules

JL,

The past few weeks has been very good to my portfolio. Thank you JL for all the work you do and for the great option picks.

Wileyxs

JL,

WOW...Another great day of trading with John Lansing...he has this market in his back pocket! He reads the trends perfectly. Today my account moved up another 80% profit...past three weeks and I'm up 750% overall. I can not say enough about this sites work and the man who is reading the charts.

Thank you Trending 123!

Let's not stop here, I need another 750%...lol

Tbird

Hey JL, just wanted to let you know how great things have been. I doubled my portfolio with your stock picks and options plays during the July-August time frame. I then more than doubled it again in September. It's looking like I'm on track to do it again in October if I can keep myself from Rat-Braining !!!!!! Thanks for all of your help and guidance. Your attention to the trading room and all of your examples, set-ups and explanations are invaluable!!! I just re-newed my subscription.

THANKS AGAIN!!!!

Baly

JL,

Thanks for profits today John. APA 3461.00 CF 9261. other ideas from your chat room not t123 MOS 8161. QQQQ 1036. GDP 160. I renewed my subscription today.

Iaseal

JL

Another incredible day!!

Booked these gains today:

CF 161%
GMXR 144%
MOS 379%
X 125%
MON 146%

Doro

I was highly advised by JL to start trading Options in my IRA - i listened and opend an option acc with Ameritrade with my first trades on puts HBUWF 1.95 & MONWP 3.8 and so far i can say WOOOOOOW these are the bomb!!

thanks

JL

MON,BUCY,CF,SPWRA,GOOG,RIMM,AAPL,APA,GDP,GMXR,AKS,CLF,X,POT,EOG

Parabolic Options Alert 09/02/08

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Posted by John Lansing on October 2, 2008 11:38 PM | Permalink

Uncovering The Truth Behind The Agriculture Stocks And Fertilizer Meltdown

First we have to go back about a month ago when I sent out this alert to subscribers.

Not since LBJ (Lyndon B. Johnson) have I heard the words "privatized the profits while nationalizing the losses" until this week when The bailout of Fannie Mae and Freddie Mac hit the news wires Sunday evening right before futures began to trade. But if anyone thinks that is the real story then keep reading because that isn't what is moving this market its just currently "today's headline".

The Real Story------>Hedge Funds Are Blowing Up

This Is The Latest In Which This Fund Took Only Weeks To Lose Billions (Apparently they aren't subscribers because the energy and commodity sectors appeared safe to them over the past 3 weeks, but at any rate this is just one of many that you will be hearing about in the coming days.)

What is really driving the price of the dollar and gold and silver and oil? Something beyond simple emotion had to take place. On September 2nd I emailed out an alert, "Ospraie fund to close after August hit" This news should be a wake up call to anyone that thinks a near term bottom is in place. In fact in the commodity market we are so far away from a bottom that this will make the housing bubble look like a day at the beach.

First this was the emailed I had sent out via an alert.

Yesterday's closing of Ospraie Management LLC's Ospraie Fund Ltd.

Ospraie Management LLC letter to investors (9/2/2008):

"The losses were primarily cause by a substantial sell-off in a number of energy, mining, and resource equity holdings during a six-week period characterized by some of the sharpest declines in these sectors in the past ten to twenty years. As the Fund's performance deteriorated, we made the decision - despite continued confidence in the Fund's positions - to reduce and de-lever the portfolio significantly due to concern of incurring even greater potential losses."

"After nine years of striving to be a good steward of your capital, I am very sorry for this outcome."

The above press release was issued to investors just Tuesday of last week. Is this the only hedge fund blowing up on a daily basis? NO, in fact this is just the tip of the iceberg. The good news is I am going to show you ways to profit not from what is being reported on but what is actually happening.

The commodity meltdown

*Natural Gas down nearly 46.25%
*Unleaded down nearly 38.78%
*OIL down nearly 36.52%
*Heating Oil down nearly 36.50%

The pattern isn't what got Ospraie in trouble. The pattern only tipped us off that someone was already in trouble. This "rising wedge" that I can honestly say I called the exact top to the day from Crude Oil, Heating Oil, Natural gas, and Unleaded Gas and have found numerous ways for subscribers to profit from this decline while others have been blowing up. As they say in Wall Street "someone always has to take the other side of the trade". The good news is we continue to be on the right side.

$CRX Current Chart

%24CRX123.png

Why is this fund blowing up and so many more just like it that you will hear day after day after day? Because they all lack DIVERSIFICATION, you might think this is 5 or 6 positions (Long Crude Oil, Long Natural Gas and Heating Oil, Long Gold Or Silver, and lastly Short The Dollar) but let me tell you what it really is.......ONE POSITION called Anti-Dollar.

$USD From A Month Ago

Crude Oil Current Chart

%24WTIC123.png

That's what's driving everything a massive deleveraging process that everyone must understand to get a grip on what is about to unfold in the commodity markets that will likely spill over into the entire stock market.

What are "Derivatives"? Derivatives are a generic term for a variety of financial instruments. Unlike financial instruments such as stocks and bonds, a derivative is usually a contract rather than an asset. Essentially, this means you buy a promise to convey ownership of the asset, rather than the asset itself.

When you invest in a derivative, the underlying asset is usually a commodity, bond, stock, or currency. You "bet" that the value derived from the underlying asset will increase or decrease by a certain amount within a certain fixed period of time.

What is happening within the hedge fund community is what we call "OVERLEVERGAED" and we can have a rapid "DELEVERAGING" in process due to tightening borrowing standards from the exchanges. In simple terms they keep increasing the amount of money needed upfront to buy XYZ. (Commodities such as GRAIN, which is what stocks like POT, MOS, MON, CF, AGU trade with whether one thinks they should or shouldn't. I live in the mid-west and farmers are worried and it's costing them more to buy grain and with the current credit crunch they can't all get the credit needed from the local banks!)

These highly leveraged investments are in everything. People aren't going out of business because they made bad investments; they are going out of business because they were leveraged 30-1 up to 100-1. And guess what? These funds also own "stocks" and when margin calls come, "everything get's tossed out".

The good news is these patterns are seen in charts and it's almost like being able to see the future before it happens even though at the time we aren't always sure why it's happening. You might ask how long is this going to last? Through "Thanksgiving" but should be complete by Christmas!

For example last weeks update I was talking about 3 types of "bearish patterns" but I wasn't sure of the catalyst at the time as to why we would see such a huge decline in our shorts and stocks we owned puts in. Just that it was coming. (Hence the reason we were able to booked over 500% gains in POT just this past week). Along with 4 other double to triple gainers and a nice assortment of 50% gainers.

That was the alert I sent out over a month ago on 9/02/08 (albeit I cut it short for this blog and left out all the other happenings because I am trying to keep this entry focused on Ag plays and commodities)

This past week I sent out this update

Video Update (Watch Video Here)

(MON) Head And Shoulders Top Trade Special Update

The pattern the latest stock on our short list is on is called a "Head and Shoulders Top"

The Head and Shoulders Top is an extremely popular pattern among investors because it's one of the most reliable of all formations. It also appears to be an easy one to spot. Novice investors often make the mistake of seeing Head and Shoulders everywhere. Seasoned technical analysts will tell you that it is tough to spot the real occurrences.

The classic Head and Shoulders Top looks like a human head with shoulders on either side of the head. A perfect example of the pattern has three sharp high points, created by three successive rallies in the price of the financial instrument.

A key element of the pattern is the neckline. The neckline is formed by drawing a line connecting two low price points of the formation. The first low point occurs at the end of the left shoulder and the beginning of the uptrend to the head. The second marks the end of the head and the beginning of the upturn to the right shoulder. The neckline can be horizontal or it can slope up or down. The pattern is complete when the support provided by the neckline is "broken."

There are many variations, some of which are described here and can be just as valid as the classic formation. Other factors - including volume and the quality of the breakout - should be considered in conjunction with the pattern itself.

Volume

Volume is extremely important for this pattern.

For a Head and Shoulders Top the volume pattern is as follows.

Volume is highest when the left shoulder is forming. In fact, volume is often expanding as the uptrend continues and more and more buyers want to get in.

Volume is lowest on the right shoulder as investors see a reversal happening. Experts say low volume levels on the right shoulder are a strong sign of a reversal.

In the head portion of the price pattern, volume falls somewhere between the strength of the left shoulder and weakness of the right shoulder. Volume often increases when the neckline is broken as the reversal is now complete and downside pressure begins in earnest. One of the key characteristics looked for in a Head and Shoulders Top by seasoned Technical Analysts is very high volume on the breakout.

Although volume is important, experts warn us not to get caught up in the precise number of shares being traded. What is more important are changes in the rate of trading.

To Learn More About This Pattern Review Here

Other Video Updates This Past Week

4 Bear Patterns POT AAPL GOOG RIMM QQQQs

4 New Short Plays Both Stocks And Options (SOHU, CF, SPWR, BUCY)

Cream Of The Crop Shorts APA EOG GMXR GDP

To wrap this up you can see from the dates in the portfolio when we took "the other side" of these overleveraged hedge funds and took their money legally! Just Review The Following BLOG Updates!

It Doesn't Get Much Easier Than This!! Even A 5th Grader Can Do It!

"Turning Volatility into Big Trading Profits"

Armageddon "Party Of One" Your Table Is Now Ready

"I trust the soundness of our financial system".."where's the emergency exit?"

Thanks John,

I joined in late July and have seen an incredible increase in profits from the disastrous first half of the year due to rat braining on some of my own trades as well as some terrible recommendations from other newsletters I happened to be subscribing to at that time. I have eliminated all of my other subscriptions as of today as I can't for the life of me see the sense in hearing other newsletter writers market opinions as you have been on the right side over 90% of the time which is just amazing.

RichD

John

First let me exspress THANK YOU for the recent optons and shorts....

$--OUT THE WAZOO--$ still have to get out of "GUHVH" but it's at 308% at the moment, its hard to think of asking for anything more from you. Just keep them coming and being a newbe others please just take a deep breath and pay attention to what John advises ...

you will make MONEY...

Thank you Bfee.

John,

I am very pleased with the expanded level of options executions you have incorporated into the T123 business plan. This is obviously a welcome, successful, and profitable change. Further, your "bonus" day and swing trades in the chat room are truly "having your cake and eating it too". These "quickies" have given me, and others, nice over the top profits on top of profits (today's aapl move is a fine example). Just as important is the excitement and learning that comes with all of this. This is evident every time you say "who want's to play a day trade?" or "Ohhh, I see something, is anyone interested?" When you say it, the energy and anticipation in the room is so intense, well, it's palatable.

I close my comments with a quote that is my personal view on the current direction of Trending123 and equally so...the recent mood and direction of the chat room "Nut Hut":

"An empowered organization is one in which individuals have the knowledge, skill, desire, and opportunity to personally succeed in a way that leads to collective organizational success." - Stephen Covey

Thank you John!

Bud

Hello John,

I have been a subscriber to Trending 123 for about 18 months I believe. I finally entered the trading room and have observed, learned and contributed some just this week. I joined Trending123 shortly after joining Navellier's "Emerging Growth" and had never traded options. About 3 months ago I was teased into subscribing to Navalliers "Quantum Growth" at a fairly high premium, suggesting a secret stock (S&LF) that could triple in the next few months. And also possibly double approaching earnings, and soar after that.

Sign up to find out. I did. S&LF went up and then tanked after earnings. It was quickly missing from the new "buy list", and had been promoted as the #1 pick. I sent a message asking where it was, and was informed it was just an error and it should still be on the new buy list. It came back and at the next update, it was officially on the "sell" list.

I never did buy it. But what I did do in 2 trading days with you is make a great deal of money! I was able to get into the APPL, MON and BUCY puts. Waited to long for CF and APA as they were about 10% above your entry price. I learned from this. Next time I will consider the ultimate success percentage, and may enter slightly above the entry price at my own risk. It would have been worth it with CF and APA. I do not know if this is protocol, and perhaps I can find out what others do here and learn.

I sold the MON puts after 1 day trading on your advice, at I believe 153%. I entered the trading room late today(about 11:30), missing the invaluable information and a new short-term opportunity. I ended up a little shaken by the magnitude of the success of MON and sold my APPL puts for 103% about 12:30 today. I then got out of my last trade, BUCY at about 59%. I thought I needed the weekend to think about all of this. Realizing now I should have stuck tight. Next time I will.

No one can become trustworthy until you instill trust in them. I did instill that trust in you and now I also trust in you.

I am very impressed and almost feel as if I will be punished by my Creator for the ability to realize these type of gains. Understandably not all the time, but the potential in and of itself is staggering. And I know now that this is real. But I am a generous fellow and give so much more than I take in this world, I am confident I will walk independant of the lightning strikes.

I am cancelling my Quantum Growth subscription now and will give that money away. Or better yet, invest it with your guidance, and give a whole bunch of money away. That is what is thrilling to me.

Since I am new and almost a stranger in the trading room, I will act a little strange and quite, as I learn and become familiar with the diverse personalities. For a while at least. As I become more comfortable, I will begin to ask questions that I believe are also helpful to others and eventually perhaps just for me.

Here are my respectful and timid suggestions as a new participant, but not a new subscriber:

1. The consideration of some comments made applying universally to the collective audience. Assuming different levels of education, experience and longevity in the trading room. I felt comfortable and welcomed with my few entries, but believed I was the only one new to the forum. Perhaps I was.

I certainly did enter a very, very dynamic and successful production in progress. One I intend to start taking advantage of every day from now on.

2. Do not change a thing. The format is engaging, informative and light hearted. Always kept in check with the pertinant, and easy to become a familiy affair for me.

I have many friends and relatives who seek my investment advice. I told them what I have done this week. Now they want all this information to their dismay. I am teasing them now as I was teased to join themselves. I tell them it is not expensive and the stock picks and details are not mine to give away. But unlike me, they may be teased to join with great potential for success. What I experienced was more like being beguiled, which means being cheated into chear.

I believe it was Mother Teresa that said "grow where you are planted". And I am now firmly planted here.

With sincere appreciation,

John C.

John,

Since Sept. 1 my trading account has INCREASED 195% !!! I am retired and do this as a hobby. Trading with your Trending 123 advice has helped me to keep my total retirement funds even and slightly ahead thru this turmoil in the markets. My retired friends are really hurting during this time, but I am just SMILIN'.

Thank you for your excellent advice and teaching skills. I am very much appreciative!!

"Duck"

JL,

OK, this one is not strictly speaking a T123 trade, and JL has mentioned numerous times in the chat room that he does not recommend ETF trades. I am in almost all of T123 trades. I miss some daytrades when I am not nimble enough (like when I tried to look for the perfect entry myself).

I missed the first AAPL daytrade in the room today, but I had my own going, so that was great all the same. Back to my trade "inspired" by JL. I have been trading the QIDs. There was a batch of QIDs I bought throughout September from the mid-$48s all the way to the high-$56s. As the market tanked yesterday (10/2) I sold them all (700 shares) at $61. I "knew" the market will rally before the Congressional vote because of the chat room discussions and JL's updates. I bought 800 shares today at $57, and sold them near the end of the day at $62.

Still left some money on the table but not bad for a one-day turn-around. Previously I had given testimonial to the awesome profits from JL's option trades. But even for those who don't trade options, the T123 service can be very profitable if one is willing to learn and then put the knowledge to good use.

I am a self-directed trader, but I use a portion of my trading portfolio to follow JL's trades exactly as instructed, and then another portion of it for "trading around" JL's ideas. Not every trade yields obscene profits, but the overall returns have been wonderful.

I closed 16 options trades already in October (three trading days), all of which were in some way related to JL's recommendations, and the overall return was 97.33%, for an average of almost $3,400 profit per trade, and over $12,700 realized profit per each trading day in October!! And I have been very conservative in my allocation of trading $s to the options trades. My trading portfolio is over 50% in cash!! I don't think I will ever be as aggressive as the chat room participate who claimed he/she turned $600+ into $60K+ over the last few weeks. But had I been in the position in which I could afford to take similar level of risk....

Thanks to JL, my realized profit this year is over $1,000 for every trading day, thus far. I am happy with that. I am not greedy.

Coach A

JL Thank you...Thank you...Thank you... Well you get the picture .....Im almost afraid to tell my wife of my sucsess over the last few days.. making 5k 10k 15k per day is almost unbelieveable but it did happen.

Bfee

Thanks JL Portfolio doubled in the last 8 days. Awesome.....

Even with missing Friday's APPL trades........

I began option's trading just last month so I have been quite tentative but just like everything else it becomes easier with more experince.

Thanks again!

Yole

John and Trending 123,

Thanks, performance tells it all:

CID 61% gain
DQRUK 228% gain
EXCUM 42% gain
APAVQ 164% gain
APAVQ 146% gain
PYPIJ 34% gain
RULUT 178% gain
RULUT 149% gain
DQRVH 100% gain
DQRVH 66% gain
APAVQ 155% gain
CGJVL 107% gain
CGJVL 25% gain
PYPVF 95% gain
PYPVF 260% gain
PYPVF 123% gain
AULUA 94% gain
APAVA 58% gain
RTHVQ 58% gain
GUHVH 471% gain
GUHVH 100% gain
CFWN 154% gain
DQRVF 36% gain
DQRVF 73% gain
MONWP 143% gain
MONWP 131% gain

Portfolio has increased 697% overall in three weeks...that is the facts and I know there are a lot of people out there who are experiencing the same results from your hard work...most are John's recommendations, 1 from Fina and 2 from myself.

Awesome stuff! Thanks for everything JL.....

Tbird

hey john

You are the best game ever up over $60,000 in the last to weeks options trading is unreal thanks a bunch

fatsv

CF, MON, MOS, POT, APA, QQQQ, SOHU, BUCY, SPWRA, APA, EOG, GMXR, GDP, AGU

How do you play this stock? This Is The Option I Am Suggesting

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Posted by John Lansing on October 5, 2008 12:53 PM | Permalink

RIMM Announces Expenses Eating Away At Profits!

A delayed top-of-the-line BlackBerry phone from Research in Motion Ltd. is still undergoing testing by AT&T Inc., and RIM's co-CEO implied that the carrier wants to avoid the chorus of complaints about performance that greeted the new iPhone this summer.

RIMM said in May that the BlackBerry Bold 9000 would go on sale this summer. It has gone on sale in some foreign markets, but it's still not available in the U.S., and no date has been announced.

co-CEO Mike Lazaridis said Thursday that the phone is still undergoing the certification process in which AT&T tests all new handsets to make sure they work well on its wireless network.

There's great scrutiny, as you might know, on that network and a certain device. So I guess everyone wants to be sure on every last test," Lazaridis told The Associated Press.

Inc.'s iPhone 3G went on sale in July, with AT&T as the sole U.S. carrier. Customers soon started complaining of slow data downloads and dropped calls on some units. AT&T and Apple have not directly acknowledged a problem, but Apple has released a software update that was supposed to improve performance. The majority of iPhones appear to be working well.
Lazaridis appeared confident that the Bold would not be subject to the iPhone's problems.

We're very meticulous about what our product does," he said.

AT&T spokesman Mark Siegel would not confirm that the Bold was still in testing and said only that it would come out this year.

The delay of the Bold's U.S. launch has weighed on RIM's stock. The Waterloo, Ontario-based company will now be launching several new phones at once in the coming months, and said last week that expenses from those rollouts would eat into short-term profits.

RIMM Video Update

RIMM

Banks Stocks Contiue To Look Awful!!

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RIMM

Posted by John Lansing on October 5, 2008 4:47 PM | Permalink

Citigroup Said It Won A Court Order Late Saturday Blocking Wells Fargo

Rising Wedge Break Down And New Lows On The Way

Current Chart

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Citigroup said it won a court order late Saturday blocking Wells Fargo. From buying hobbled U.S. bank Wachovia Corp until the court rules otherwise.

Citigroup, which planned to buy Wachovia's banking assets for $2.2 billion, said New York State Supreme Court Justice Charles Ramos granted an injunction extending Wachovia's agreement to negotiate exclusively with Citigroup.

Citigroup and Wells Fargo are battling for control of sixth-largest U.S. bank Wachovia, which has been hit hard by bad mortgages amid turmoil in global credit markets, but has a large network of branches.

Citigroup, the largest U.S. bank, announced last Monday it had agreed to buy Wachovia's banking operations in a deal backed by the U.S. government. That deal did not include a signed merger agreement, but Wachovia did sign an agreement to only negotiate with Citigroup through Monday, Oct. 6.

On Friday, however, Wells Fargo said it had signed an agreement to buy the whole of Wachovia, including its asset management unit and retail brokerage, for about $15 billion, roughly seven times more.

Wachovia said early Sunday that it believes its agreement with Wells Fargo is valid and proper, and is best for shareholders, employees and U.S. taxpayers.

Citigroup, which has sustained about $60 billion of write-downs and losses during the credit crunch, planned to buy Wachovia's banking assets with U.S. help, including partial government guarantees on a $312 billion Wachovia loan book.

The deal is important for Citigroup Chief Executive Vikram Pandit, who is looking to turn around the ailing bank in part by focusing on stable businesses such as consumer banking.

Wells Fargo, the seventh-largest U.S. bank by assets, has managed to remain consistently profitable during the credit crunch. Its bid would not require government backing.

Regulators said Friday they had not looked at the Wells Fargo bid.

Under that bid, for each share of Wachovia, investors would receive 0.1991 of a Wells Fargo share, which is equal to $6.88 a share based on Wells Fargo's closing price Friday of $34.56.

U.S. banks have been scrambling to build or buy branches, which allow them to raise money from depositors. In a credit crunch, deposit funding can be cheap compared with borrowing in bond markets.

Winning the Wachovia branches would help Citi bolster its relatively weak network of U.S branches, which number about 1,000 compared with Wachovia's 3,300 and Wells Fargo's 3,400.

"Citigroup is always free to make a superior offer to Wachovia," spokeswoman Christy Phillips-Brown said.

In a statement released later Sunday, Wells Fargo said it has a binding merger agreement with Wachovia.

"We are confident that we will complete our announced merger with Wachovia. Nothing in the court's temporary order impacts our ability to ultimately do that," it said.

Citigroup said in its statement that it is prepared to continue negotiating with Wachovia, but Wachovia may not speak to others.

Some lawyers believe Citigroup could have a real case, noting the exclusivity agreement and the fact that Citigroup provided financial support to Wachovia last week.

"Those are clearly strong facts on Citi's side," Morton Pierce, chairman of the mergers and acquisition group at law firm Dewey & LeBoeuf, said on Friday. Dewey & LeBoeuf is not representing any of the parties in the transaction.

How Do You Trade This?

Sometimes From the Sidelines!!!

Small Caps Breakdown To New 52 Week Lows From A Descending Triangle

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C
WB. WFC

Posted by John Lansing on October 5, 2008 4:59 PM | Permalink

Small Caps Break down To New 52 Week Lows From A Descending Triangle

A Descending Continuation Triangle is considered a bearish signal, indicating that the current downtrend may continue.

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Descending Continuation Triangle features two converging trendlines. The bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower. The pattern displays two highs touching the upper trendline and two lows touching the lower trendline.

This pattern is confirmed when the price breaks out of the triangle formation to close below the lower trendline.

Consider the duration of the pattern and its relationship to your trading time horizons. The duration of the pattern is considered to be an indicator of the duration of the influence of this pattern. The longer the pattern the longer it will take for the price to reach its target. The shorter the pattern the sooner the price moves.

Pattern Scan Lessons From Trending123.com

1. Pattern Scan Introduction On Performance (Review Video)

2. Pattern Scan Features Performance Tracking, Chart Review, Email Alerts, Stock Tracking (Review Video)

3. Pattern Scan Features Stocks Indices ETFs Kiss Of Death Cross (Review Video)

4. Pattern Scan Setting Up Email Alerts Easy 3 Step Wizard (Review Video)

5. Pattern Scan Email Alerts Bullish Patterns Failure Rate Lesson (Review Video)

6. Pattern Scan ETF Setup Email Alerts T123 Portfolio Shorts (Review Video)

7. Stock Scan Basic Search Finding Opportunities Instantly Weekly And Daily Bullish And Bearish Stock Setups (Review Video)

8. Advanced Stock Scan Screener Search Criteria Defined Instant Gratification Lookup (Review Video)

9. Advanced Pattern Scan Bullish Instant Gratification Scans Looking For Anything Bullish (Review Video)

10. Calculating Pivots With The Trending123 Pivot Calculator Updated Version (Review Update)

On the lighter side...........

CEO--Chief Embezzlement Officer.

CFO--Corporate Fraud Officer.

BULL MARKET--A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET--A 6 to 18 month period when the kids get no allowance,the wife gets no jewelry.

VALUE INVESTING--The art of buying low and selling lower.

P/E RATIO--The percentage of investors wetting their pants as the market keeps crashing.

BROKER--What my broker has made me.

STANDARD & POOR--Your life in a nutshell.

STOCK ANALYST--Idiot who just downgraded your stock.

STOCK SPLIT--When your ex-wife and her lawyer split your assets equally between themselves.

FINANCIAL PLANNER--A guy whose phone has been disconnected.

MARKET CORRECTION--The day after you buy stocks.

CASH FLOW--The movement your money makes as it disappears down the toilet.

YAHOO--What you yell after selling it to some poor sucker for $240 per share.

WINDOWS--What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR--Past year investor who's now locked up in a nuthouse.

PROFIT--An archaic word no longer in use.

Message Board Post 10/05/08

JL your posts today and yesterday are just what I need to speed up my learning curve on your t123 website.

I am a part time swing trader on my working days and a new day trader on my days off. I am trading in several accounts and have been able to double almost all of them in the past 2 months. Thanks for all your great option picks and funny commentary in the trading room

Denny

Message Board Post 10/05/08

John,

your option trades are fantastic!!! My portfolio has doubled in the last 2 weeks.
Keep up the good work.

Donald

Message Board Post 10/05/08

Congratulations to all of you who have done so amazingly well......and thanks to JL for his picks ..and for starting this thread which gave us the courage to change and the opportunity to rebuild...and thanks to the trader I'll call G who told us that he bottomed out twice and made it back... and finally thanks to Bullishbud for his support.

Good trading to all.....best wishes from us both....Kelly and Ted

Kelly and Ted

Our Last 15 Option Trades

Should The Shorts Be Blamed For Falling Prices At The Pump? Double Standard Alert! How Long Will It Take Before It's Illegal To Sell Commodities?

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Posted by John Lansing on October 5, 2008 10:46 PM | Permalink

Should The Shorts Be Blamed For Falling Prices At The Pump? Double Standard Alert!

Crude oil fell to the lowest in 10 months as the U.S. government reported a bigger-than-expected gain in crude and gasoline inventories and the global economic crisis curbed demand.

Oil supplies rose 8.12 million barrels to 302.6 million barrels in the week ended Oct. 3, as imports and output resumed after halting last month for hurricanes, the Energy Department said today. The agency yesterday cut its forecast for 2008 global oil demand by 340,000 barrels to 86.14 million barrels a day.

``The big builds in crude and gasoline were the big surprises in this week's data,'' said Tim Evans, an energy analyst with Citi Futures Perspective in New York, in an e-mail. ``Product-demand numbers were surprisingly weak.''

Crude oil for November delivery fell $1.11 or 1.2 percent, to settle at $88.95 a barrel at 2:54 p.m. on the New York Mercantile Exchange. Futures touched $86.05 a barrel, the lowest since December, and have fallen 40 percent since reaching a record $147.27 a barrel on July 11.

Oil pared earlier losses on a report that the Organization of Petroleum Exporting Countries may meet Nov. 18 in Vienna to discuss the effect of the financial crisis on oil markets. The state-owned Algerie Presse Service cited a person it didn't identify. Algerian Oil Minister Chakib Khelil is OPEC's current president.

Libya's top oil official, National Oil Corp. Chairman Shokri Ghanem, said ``it's high time'' for OPEC to meet, in a telephone interview from Tripoli. The OPEC Secretariat couldn't immediately confirm the meeting. The next scheduled meeting of ministers is Dec. 17 in Algeria.

Demand Plummets

U.S. fuel demand averaged about 18.7 million barrels a day during the past four weeks, the lowest since June 1999. The figure is down 8.6 percent from the year-earlier period, the department said.

U.S. gasoline demand dropped 9.5 percent last week, the biggest decline in more than three years, as the slowing economy curtailed driving, a MasterCard Inc. report showed yesterday.

Gasoline for November delivery fell 3.3 cents, or 1.6 percent, to $2.0298 a gallon after touching $1.95, the lowest price since Oct. 2, 2007. The motor fuel is down 44 percent from a record $3.631 on July 11.

Supplies of gasoline rose 7.18 million barrels, or 4 percent, to 186.8 million barrels as refinery capacity climbed 8.7 percentage points to 80.9 percent. It was the biggest increase in refinery utilization in records that go back to 1989. Gasoline inventories had the biggest gain in seven years.

Gasoline stockpiles were expected to rise 1.5 million barrels, and refinery utilization was forecast to increase by 6 percentage points, according to the median of analyst estimates in a Bloomberg News survey. Oil inventories were estimated to rise 2.2 million barrels.

Pump Prices

Retail Prices At The Pump Here In The Mid-West!! Thank You Sellers!!!

Dr, Janice Also Wrote Me This........

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Oil
Unleaded

Posted by John Lansing on October 9, 2008 3:16 PM | Permalink

PANIC MEANS OPPORTUNITY

Our market participants need to understand this today. This is Market Psychiatry 101. People will sell in panic and in a week or less will be overtaken with regret. Also, those who are trying to pick a bottom will be hurt. The point is that the markets are constructed in such a way as to separate the most money from the most people. They are constructed to inflict the most pain on the most people. Every successful trader and investor knows this. This is why so many fail (over 90% of new traders blow out their accounts in the first year!). This is, in large part, due to their inability to understand the psychology of the markets which is no more than their own psychology.

View image

I think it's very difficult to say exactly where we are within this diagram above but according to Dr. Janice and I do agree it seems we are nearing levels 10 to 11.

Several signals that I follow are giving buy signals on the DJIA and are close to buy signals on the S&P 500.

This is not the time to panic out of everything. When others are panicking, we are looking for opportunity. Wait for the next rally to get rid of all underperforming assets. Pressing the short side here is not advised.

However, nothing goes straight down or straight up.

We don't have an all-clear signal yet, but this looks as much like capitulation as I have seen in some time.

Stay the course and don't panic. I are not calling a bottom, since I listened long ago to the great John Bollinger who said that there is one chance in a lifetime to call and exact bottom of top. I am, rather, saying that now is NOT the time to panic. Stay steady and look for opportunity.

To Read The Entire Story Click Here

Posted by John Lansing on October 9, 2008 5:24 PM | Permalink

We Closed Out Our Shorts And Are Now Ready To Play For The Big Bucks!

Featured Today In IBD