Thursday, December 31, 2009

Going out with a BANG, not a thud...

Our last call of the year, or at least mine, were GS $160 calls yesterday when it was up about $1.40. Between yesterday's close and today as of now at 3 pm EST, with an hour to go in the 2009 trading year GS is rocking.

Irony is, GS has been one of my biggest enima stocks of all-time. I've caught it really really good a few times, but that sucker has cracked me on more then a few occassions.

Maybe that's a good Omen for 2010, I'll choose to look at it that way (hey, I'm a very superticious trader dude).

In the meantime, it's nice to rock either way and today to end 2009 I'm enjoying my best day in a couple of weeks. Very way cool. I can't take much credit as far as trading today since I woke up at around noon. Thanks for all the well wishing emails, I wish you all a Happy and Healthy New Year to you and your families.

In 2010, as in all years before, and perhaps even more so these days, we are all in this crazy thing called life together. Keep your heads up, your smiles broad and your lips full of song...or something like that.

RULE 2010...see ya there soon -


Wednesday, December 30, 2009

Nice way to finish 2009! Bring on 2010! BAMMO!

Thanks again for all the great feedback and testimonials. Very nice way to finish 2009 and as we are about to embark on our quest for more profits in 2010, let's think about those that have a lot less then us and I'll reiterate that if you have done well with trading, and gotten any help from the free stuff, email me and give even $5 or $10 to the Trend Fund Foundation, a 501C-3. It's tax deductible. Any donation is much appreciated.

And, keep the testimonials coming, we love to get them!

Subject: Hey, Waxie
Date: 12/30/2009 6:20:02 P.M. Eastern Standard Time
Reply To:

Sent from the Internet (Details)

Waxie, you're a cool dude, and from what I gather about you...yes, a warrior, too!

I try to read all of your blogs, have been a subscriber to some of your services off and on, etc. I think you and your gang have it going on.

Thanks for being you and sharing so freely as you do. It's refreshing.

God bless you and yours as you enter the new year.

Wishing you the best in life,

JG, Texas

Subject: January Effects
Date: 12/30/2009 5:59:24 P.M. Eastern Standard Time
Reply To:


This is my first year to play January Effects and I wanted to share my experience with you. All this info is as of close today and I still have some positions open.

I played 14 positions.

I paid a total of $12,944 for those 14 positions.

My total profit was $1312.05

The 3 positions I missed was MSO which hasn’t done anything. HBAN which also didn’t do anything and AONE which was a big winner. I hated missing that one. Count me in next year because I was one of them that didn’t understand that I didn’t need to hold them until 1/8. Most of my losers had profit early and I didn’t take it, won’t make that mistake again.

I know AAPL wasn’t part of JE but I wanted to share it with you. I paid a total of $1940.00 for 10 options and I’ve made $2950.56 on it so far and still have 4 options that I’m letting run. Great call on AAPL.

Thank you


Tuesday, December 29, 2009

Window Dressing and 2010

Remember, Window Dressing basically ends in 1 1/2 days. Volume is so light, I'm out of some of the Window Dressing plays as of yesterday. Sold 1/2 my AAPL calls 2 days ago near the highs on this move = sweet. Still in about 1/2, and will sell if we don't get a pop,and certainly before the New Year.
Why? Well, thats the trend, baby, the trenddddd...

January Effect stocks still rocking, I sold some more and will buy some back perhaps on weakness.

It'll be a very interesting few days as investors battle traders jockeying for position.

I think 2010 is gonna truly be the year of the INTERNET. Not sure as far as stock prices, though I think AMZN and GOOG and PCLN remain pretty stable so far and should at least outperform the market. What I am pretty sure of is that as people deflate, which is where we head first before inflation sets in later, then the internet is that much more appealing. I feel like a lot of this move is part and parcel of that thought process. WMT is trying to out-AMAZON Amazon, but I don't think they can and I think AMZN can out WMT WMT online. Yeah, AMZN trades at very high multiples, but if I am right then that may contract a lot. It's very interesting from a business perspective to see how businesses really just dominate whole sectors when they get this big. 10 years ago many thought AMZN would do this, in between them being right the stock went all the way down to single digits. I wish I was smart enough to have bought some AMZN calls way back when when it was single digits. but lo, I simply wasn't that smart.

1st quarter earnings should be VERY good. Cycle wise they could peak this quarter, or next. I think we're still buying dips here into earnings, but then I think we should get a very nice and potentially deep selloff. I expect a split year market again, though arguably 2009 wasn't really a split year, since the split was January to March and then the next 9 1/2 months we were bang-zoom UPPPPPP.

I can see S & P 1300s, though I doubt it goes much past that, if and when it gets there. I guess if I'm wrong about the dollar and it actually weakens and we INFLATE rather then DEflate, then yeah, the DOW could realistically see new all-time highs, as sick as that sounds. If not, then I suggest good shot we're headed toward 8000s on deflation and on dollar strength. Remember, that carry trade once it unwinds is gonna be a serious downer for the market. Stay tuned...

2009 for me has been whipsawed. I had a great start of the year, then got into a car accident March 5th and called the bottom, but obviously didn't expect this type of move and missed much of it, and also got slammed pretty hard. Thankfully my first piece of the year enabled me to hold my own, but clearly I wish I caught more of the move up then probably the 1st very little sliver.

For those that caught that bottom and stuck with it, I congratulate you. Ya beat me, hehe. That is for sure.

In the meantime, I'm making 2010 the year of my good health and good trading, feel free to join me and remember - RULE!

See ya on the other side of 2010...

Michael "Waxie" Parness

Monday, December 28, 2009

The Laws of the universe works...sorta

As we head into the New Year, I want to share a TON of gratitude to all our loyal clients, many who have been with us for years. I want to thank all the great people I met while filming our new show, its always great to meet people live, in person. And, since then many of them have kept in contact. One of them I recently had dinner with, and a couple of them write me regularly. It's awesome.

I also want to thank those of you that donated to the Trend Fund Foundation (You still can!) and who paid for the Window Dressing class that ROCKED (100% of the proceeds is going to the Trend Fund Foundation!).

I'm always in awe when people truly take the time to change their lives. Having said that, and like I always tell clients at seminars and online in webinars and such, trading isn't for everyone, just like opening a Pizza shop isn't something I would be good at more then likely. Some get it and flourish, and some don't and move on to other opportunities. Ultimately, the laws of attraction, I think, take over and people migrate toward what works for them.

I always say it and I stick to it, our goal is to get you to a place where you can do it on your own successfully. Yeah, I hope you stick around anyway, but it's a success if we can get you to a place where you can fish on your own. I take a lot of pride in that, truly.

I remember trading when I first started, its very different then how I do it now. Back then it was a full time (triple time) job. These days I spend much of my time at home working on various projects, fulfilling services and taking care of my kids as a #1 priority. I also take care of my health, which is something I took for granted til not so long ago.

Life is full of twists and turns, and I think trying new things, breaking old habits, and making renewed commitments to success are keys to just that - success.

It's interesting doing the radio show and talking to so many cool people who have achieved success in various endeavors. They each have a unique perspective, but ultimately one thing they all seem to have in common is the ability to move positively through life. Me? I can't always seem to do that, much as I try. Sometimes I get down, but one thing I have learned over the years is that as long as you keep getting up, and up, and up, and up...eventually you won't fall down anymore.

Today I got called a warrior by someone I respect a lot. Eh, I don't know if I'm anything other then a dude, but one other piece out of the success book is that it's good to take compliments and be gracious about it. Another person I respect, out of the blue sent me an email saying they admire me. I had a client tell me the same, in fact a few great emails from clients.

I'm truly blessed. Yesterday my entire family got together for our annual family holiday party. We're such a mixed bag religion wise, we're all over the place, so we just celebrate everything for the most part. It's one of the best years of my and my kids lives every year.

It'll be 2010 soon enough, and I think 2010 is gonna be my best year on earth, I really do. I think I'm going to have my best all around year - ever. People define these things in a myriad of ways. And, I used to define it that I had a hot (or any) meal growing up at times, or not dropping out of school, or having the cute girl I went out with let me give her a kiss on her cheek (I never got any further then that, trust me). And, I certainly used to define it by how many great days trading I had, or how much money I had in the bank.

Now? Sure, some of those things are important, but honestly, the most important thing is having all those cool great well wishes, and returning the favor...and, even more so...hearing my girls wake up every day and the first thing out of their mouths every day, literally, is "daddy, I love you".

That, my friends, is the law of attraction, and that's my story and I'm stickin' to it.

Happy trading, happy holidays and I look forward to serving you all in 2010. We have HUGE new initiatives, and HUGE new projects to unveil in 2010 and I'm looking for new ways to rule the market, cause that's what I do for you. I can't cuddle with ya, but I can try my darndest to teach ya how to fish.

The universe works in reverse sometimes. The more you give, the more you get back. I sometimes forget that, but writing out here with you, I remember it well.


Michael "Waxie" Parness

Sunday, December 27, 2009

More testimonials and seminar interest!

I guess it helps to have a ROCKIN' class or two! Keep 'em comin'!


Subject: Great Calls
Date: 12/27/2009 11:22:56 P.M. Eastern Standard Time
Reply To:

Hey Michael:

A) Thanks for the JE and Window dressing stocks; been REALLY rocking for me as well.
B) Definitely interested in the live seminar in Vagas or wherever it may be.
C) Looking forward to this week;
D) Hoping your new venture does not take you away from us.

Happy and healthy!


March seminar, futures flat...coming week...

We've already got a few people interested in the Vegas March seminar, our RULE THE MARKETS, RULE YOUR LIFE seminar, 5 days of intensive education! Email me @ to find out more as info becomes available! FYI, cost will be offered tiered more then likely, meaning ala carte whereby you'll have a chance to pick and choose what you feel you want!

Date: 12/27/2009 7:08:37 A.M. Eastern Standard Time
From: m*(*(
Reply To:

waxie..please send me the

wanted to thank you again..STEC,WFR were incredible...i sold after a tremendous run!!! I bought AAPL and AGAIN...kachingo!!! thank's to a tremendous 2010!! I know you mentioned taking another position..please don't go too far..


Futures are flat to start the trading here. I bought some /ES at 1119.50 and am up about 2 points, so we'll see. I know I'm in the majority, which scares me, but I think we end the week higher then where we closed last week baring some bad news. And, I like Gold and Silver higher as well into end of year. Oil a bit as well, though not as much.

Watch the best of the best, the creme de la creme to see what shakes out.

Rock on and RULE!

Email me with any comments and ideas -



Saturday, December 26, 2009

Ring in the New Year with our next LIVE SEMINAR!

In Mid-March 2010 we are going to be having our first live seminar in a while. The seminar will be held in Las Vegas more then likely and will be for a full week of LIVE TRADING!

The event will be run by myself, yours truly - Michael "Waxie" Parness, and Scott "Candyman" Littlefield.

We're looking at 5 full trading days, complete with 5 full days of Morning Briefing with Scott, 5 full days of Marketcast with Waxie (me) and five full days of live trading right along side us!

Details to be announced shortly, if you want to get some info first, send me an email -

There will be discounts to anyone who is a member, and some amazing special offers for everyone. So, stay tuned.

If you want to learn to earn, and you want to do so to start 2010, then its time for you to learn to earn from someone who some have dubbed legendary...

It's time to take the next step in your education and come to our LIVE 5-day seminar!

Come meet Waxie and Scott and see what we do and how we do it. And, let's RULE together!

Email me ASAP at - and as soon as we have it, we'll get you the info!


Michael "Waxie" Parness

Friday, December 25, 2009

And, the hits keep coming and coming and...

Merry Christmas all, hope everyone enjoyed the festivities. I sure did! My kids and I saw the Sqweakquil (is that how you spell it). Plus Santa brought them a whole host of goodies. My 8 year old is getting a little suspect, she asked me if I was going to sneak and put the presents under the tree. I think she knows there isn't a Santa coming down our Chimney (we don't have one) and it would take a lot for him to fit into our window that has a 1/2 inch hole to pop through --- maybe.

Yes, we celebrate it all here in the Waxiehood, as long as it involves giving my kids presents I'm all for it. Tonight we have a sleepover with their 3rd sister and I'm only up because there was a very silly dispute over sleeping spaces. It's funny how it seems so serious these things to a child, and five minutes later they are all kissing and telling each other they love each other. Ah, to be a child again and experience the magic. It happens and its a good thing I have sleeping bags up the wazoo to accomadate.

This weekend my entire family is in from around the globe,,,sort of, at least if you consider Cincinnati another country.

As far as the market, I had my bestest week in a while and am enjoying the fruits of that. It certainly helps to have some Ka-chingos right before buying presents. My youngest says to everyone that if I need money all I have to do is press buttons on my computer. Were that only true, I'd be retired rather then blogging at 1 am on a Friday night.

But, its nice when things align and you get a sweet list or two. Both the January Effect list and the Window Dressing list are ROCKING hard, and I do mean HARDCORE hard!

The testimonials are coming in fast and furious cause the January Effect list is just SICK so far with profits being booked on some already! In fact, some of the stocks listed below were up dramatically more on Thursday before the close! AONE, STEC and WFR. If my math is correct then we have a 200% gainer, and (2) roughly 100%gainers now, though I will try to do the math and update as we go.

Here is a testimonial from the other day (results have not been verified, but the testimonial is 100% legit);

From: h*(*&(*

Sent: Thursday, December 24, 2009 10:20 AM


Subject: Re: Window Dressing 2009 Archived Link and List of Window Dressing Stock Ideas

You want a testimonial??

AONE calls up 21%
STEC calls up 160%
CGA calls up 46%
UNG calls up 38%
WFR calls up 54%

Keep on rockin'



The Window Dressing list started off with a bang as well, with GOOG up sweetly, AAPL going NUTS, and several others performing admirably as well. We'll see what happens from here, I hate to count my sheep before they cross the road, or something like that, but owning AAPL, GOOG and AMZN calls has been very sweet indeed. If you haven't checked out the MARKET CAST service that I do every week, you should. I'll give ya a free two week trial if you send me an email;

That's only available to those who have never taken a trial to the service before*

Also, have you checked out the TRENDCRUSHER.COM software yet? 2-week free trial there as well, check it out and let me know what you think. Steele, the developer, will be on my radio show Monday @

In the meantime, let's see if we can close this year out on a high note and really get this market to bust out as we called! I said we'd be where we are, and wha-la, even a blind waxie can find a few ka-chingos once in a while! BAMM! BAMM! BAMM!

This coming week it'll be interesting. I have a feeling Gold gets a bump higher. I had stopped out of my oil futures position for a loss on almost the exact low of the week, which sucks, and obviously Oil then ran $5 from there which would have been a VERY sweet ka-chingo, but thats life and trading. Timing is indeed everything.

In the meantime, enjoy this holiday season with friends and family, we all have a ton to be grateful for. A literal TON and I think 2010 is gonna ROCK even better, we got a HUGE inflow of clients from our STOCKING STUFFER offers, if you want to receive the offers email me;, or and we'll get you the list of special offers!

Just an fyi, in January I'll be on and off here, still suffering from accident, and still working hard to get through it. I'm taking some time off - off and on to try to finally put it behind me. It might take a while longer, but I'm confident it'll be fine in the end. I also got offered an AMAZING opportunity outside trading which I've taken and which I am hoping will allow a bigger footprint in the trading world in the end.

I also want to say that the high road never looked better and remember that in the end all you have is your integrity. You should treat it with respect and it will reward you if you do.

Til next week, or at least Sunday night, make sure you eat hardy and ROCK ON!


Michael "Waxie" Parness

Thursday, December 24, 2009

Thanks for a great Window Dressing class! And, check out the powerful - for a FREE two-week trial!

So far so good, let's keep it rocking and real!

As promised a nice portion of all proceeds from the Window Dressing class will be donated to the Trend Fund Foundation, a 501C-3.

Also, the January Effects list is really humming, and knock on wood will hopefully continue higher.

In the meantime, Merry Christmas to all, and if you wish to donate to the foundation please email me at - and I will let you know where to send donations. Yes, they are tax deductible.

I'm getting ready to fly back into town and deliver the ka-chingo gifts to my kids. They are very happy, as am I.

In the meantime, remember to take the high road, cause its the only road that leads you anywhere worthwhile. And, remember to trade with your head, not over it!

Also, I'm promoting our new software product - The TREND CRUSHER. You should check it out, its FREE for a two-week trial and it's very cool stuff. Do yourself a favor and take the trial.

Go to;

I've had a nice week, its about time and it's nice to finish up the year strong. The trends don't always work, but when they do, tis a thing of beauty!

2010 looks to be even better! Rock on and RULE!!!

Merry Christmas everyone, hoo hoo hoo, Santa Waxie signing off...

Michael "Waxie" Parness

Monday, December 21, 2009

Tune in tonight from 7 to 8 pm EST to my new Radio show!

Michael "Waxie" Parness Tonight on Trend Success I dish on COMIC SUCCESS, chatting with 3 Comedians who have had success as, well, as comics! Tune in and check it out, and call in to speak to me or the comics;

You can call in, toll free, to speak to me or the comics as well!

7 to 8 pm EST tonight!

Sunday, December 20, 2009

Well well well, here we do...

Last week of 2009 and the question is, do we get some fireworks, or just a real dud?

The good news is, so far the January Effect list is doing quite well indeed! A couple of very nice winners so far. We'll see, but I'm feelin pretty good about it heading into the year's home stretch. As the commercial goes, accept no imitations! Rockin' the casbah...but let's not get too cocky just yet. A couple of them I really love. I'm not playing so heavy simply cause I'm still dealing with my rehab stuff from the car accident in March and shopping for presents for my girls. I celebrate every holiday. My feeling is that it's all good, and all an excuse to give my girls more presents! While I don't spend what I used to on gifts like most everyone else, they just like to open up a lot of small stuff. So, I buy them a whole bunch of little cool things and they go nuts unwrapping them. That's enough of a gift for me, I don't need anything else.

In the meantime, Tuesday we'll be doing the final Window Dressing class of the year, so if you're interested send me an email at and CC and we'll see what we can do to sign ya up if you are interested. The list will have at least 10 stocks that I think if the trend works should finish the year higher. Remember, its the final week of 2009 and the market has rocked overall this year, are investors really gonna dump the last week and pay all those not so yummy taxes? Hmmm, I suggest you take the class, folks. It's not expensive, not remotely. This is a cheap class as compared to most, so you might as well check it out. Stay tuned and email me or email for even more details!

You know, on Thursday I spent about 5 hours in the ER because I couldn't walk. I was there til like 3 am. I pulled or strained or tore something in my ankle and foot and it was excruciating. I've never used crutches that I can remember and I have to admit it was not fun or as easy as I thought it would be. I know I've been very lucky in that regard. Actually, now that I think about it, I think I did use them once, yes, when I had surgery on my big toe several years ago. My memory is shot, but it comes back slowly at this point.

But, it was a necessary thing and I'm grateful it isn't broken, which is what my PT doctor/therapist said it might be earlier in the day on Thursday.

That isn't my point here. While sitting there I saw some pretty cool human interactions. There was an older guy, maybe 65 to 70 and he looked somewhat disshevled. He was a white guy. He asked an African American young guy, maybe 30s for something and I couldn't hear what it was but I could see that the young guy wanted to do with what the old guy. Now I have no idea if race had anything to do with either of their interactions, but at the very least the age did I think.

The young guy's mother, who looked to be in her late 60s, was in bad shape, I felt horrible for her, no matter what they did to try to make her feel comfortable she was moaning like crazy.

The older guy was just wandering around and looked confused. A few minutes later the older guys wife showed up and she had an ice pack on her hand and her face was bloodied and basically she was a huge mess.

All of a sudden the younger guy started to bond with the older guy and his wife. I think the reality hit him head on and he saw that he wasn't the only one who had a loved one suffering.

And, conversely, the older man started asking about the other gentleman's mother and took notice.

Pain has a commonality. There are very few things that bond people who normally wouldn't have anything to do with them. It seems to be often one of them. It's also easy to sometimes get stuck in self pity without caring about our fellows.

Everytime I go to Physical, or Cognitive or Occupational therapy these days, which is twice a week, I get a bit down. I hate not feeling 100% and I hate having to take the time away from work. I also don't like feeling like I'm not in "control". To many clients I'm a good dude and I've helped them (as they have me btw). I try to give my all to what I do. I work a lot of hours and am always striving for better things and doing research that hopefully helps others. To some, I've been told, I can be an inspiration. That's not something I take lightly, we get inspired, each of us, but different things. I'm no hero, not in the least, I am very fallable and certainly feel like I'm the first to admit when I'm wrong, though I am sure I'm even flawed in that area. No one is remotely perfect, certainly I'm not.

When you are in a hospital you realize how little control you really have over your life in many ways. When I had the car accident in March I really felt like I was on top of the world. I was the James Cameron of traders and fathers. I have two beautiful, wonderful girls who I adore and who tell me often how special I am. Nothing beats that. But, when my car collided with the other guys car head on basically and the airbags deployed and knocked me out, I very suddenly felt not so great. It knocked me down to size, you could say. It humbles you to have that happen and realize your own mortality. It also humbles you when you trade and have a few bad months in a year. I've talked about it in every class I do, and on here when I feel up to posting. For me, as we come up to year end, its been a rather big swing year, this 2009. I've had some really really great moments and some really really bad moments. That includes my personal life and my trader life. In the end I think its all "good" and as long as I learn from it it can all work for the betterment of me, and hopefully my clients.

One thing that is clearer to me now more then ever is the commonality we all share. I like that, frankly. The truth is we are all vulnerable in some way(s) and there isn't anything wrong with it, as long as we are able to look at it and adjust for it.

When I start to feel sorry for myself for having to deal with not being on top of the world a few short months after feeling as though I was, all I have to do is look around me twice a week. See, at the hospital while I'm doing physical therapy because my neck and back, and now foot hurt pretty intensely at times, there's always someone within view who has no legs, or perhaps no arm or is hunched over because they broke their back and will never be the same again.

And, when I feel sorry for myself because I have memory lapses and my vocabulary at times is limited, all I have to do is look around me at somewhat who lost an eye, or doesn't know who he or she is due to illness or accident.

And, when I feel sorry for myself because it's harder for me to work a gazillion hours now, all I have to do is look around me at the many people who are out of work altogether, or had a far worse accident, or illness and can't work ---- period.

And while everything is somewhat relative, the truth is universal and that is that there is always someone(s) who are far far far worse off then we are. And, so when someone asks me for help, or needs something, if I can offer it up I try to. When the lady who had the ice pack and the busted face looked at me, I smiled at her. And, for a brief moment that, I think, helped her because she smiled back.

Sometimes thats all we can do. Maybe thats really corny and a doffuss who is 6'4" sounds like a sap for saying it. Cool, I can live with being corny, my girls like me to smile at them as well, and I enjoy theirs probably even more.

What's the point? I don't know, random musings and some gratitude. Times are tough for most everyone I know. They are tough for me right now as well, but times change and people can transform and adjust.

And, perhaps, smile at times through it all.

Happy Holidays to all, and hey, you want some market musings? OK, am I the only one who sees these Bank of America feel good commercials and wants to puke when they talk about how much they have loaned? I'm sorry, that's disgusting. But, I guess in theme, they do make me laugh, cause it has to be a joke that they are trying to get over on everyone saying "hey, we're the good guys!"

Well, you know what? Happy Holidays to them, too. What the hell, happy holidays to all. Today was a good day, it snowed in NYC and I love and I mean LOVE snow. I took my youngest sleigh riding with her sister and watching them laugh and have fun and make snow angels, well, it was enough for me, for today and today is all I have.


Michael "Waxie" Parness

Wednesday, December 16, 2009


You can still sign up for the BEST January Class EVER GIVEN!

A full 15 stocks and 10 option play ideas and you can still sign up for the lists and the class!

Email me -, or and we'll steer you in the right direction!

In the meantime, check out our Stocking Stuffer deals and also check out the new software - for your FREE two-week free trial!

It's time to get in the game, and ROCK!

Did ya see C after hours? Oouch to shareholders, including me since I totally misread that Piece of crapola. Will need a miracle cure to get it back to $3.50 by Friday. Amazing, the government did everything except offer to buy the whole bank out and they still can't get more then $3.15 a share.

Stock trading down to $3.21 after hours. At least we caught BRCM calls today for a VERY sweet ka-chingo!

Tomorrow we start to look for some PIN ACTION for Options Expiration and I'll be holding a class on that shortly again, so stay tuned!



Wednesday, December 09, 2009


OK, folks, so tomorrow is the JANUARY EFFECTS class - go here;

Sign up NOW!

We just got this TODAY! This is a REAL testimonial....

Sent: Wednesday, December 09, 2009 6:20 PM
Subject: Re: January Effects Class Set for Thurs Dec 10

Can't wait, last year's list just about all but 1 stock as I recall went up HUGE!!!!!!!!!!!!!!!

Tammy M.


It's that time of year, folks! Our BEST and my favorite annual trend is BACK!

Last year's list went 15 of 16 babies and this year my goal is to do EVEN BETTER!

So, check out the class, its tomorrow night @ 7:30, though its possible we'll put it off til Monday depending on the market. Either way, the class will ROCK!

Do you want a piece of the January Effect? It's time to get in the game! If you only do (1) class a year,,,THIS IS IT!


Michael "Waxie" Parness

Click here;

Tuesday, December 01, 2009

And the beat goes on...

First off, thanks everyone for attending tonights class! A smashing success indeed and I hope you all got a lot out of the class. Looking forward to more goodies soon, including the fabulous January Effect Class soon!

In the meantime, the market keeps treking along and singing it's song, walking in this almost Winter Wonderland.

It almost feels like the other thing that will derail this beast is some insanely horrible (G-d forbid) thing. We just shake off everything and anything.

This is the mother of all carry trades.

One thing of note, and it may be meaningless, but one of the Fed dude's said today that he thinks they should raise rates early 2010. If that ever got legs THAT would end this hell's bells rally and smash us. The air would come out of these tires faster then you can say RATE HIKE.

I'm almost ready to get long the beast of all stocks, the BRK.B. I'm hoping that we get some sorta rinse and I can grab it around $3200. I'm sticking some away for that 50 for 1 split at that point. If I knew when it was definately gonna happen I would take a position, or not, based on that split date. Notice how BRK.B has not participated at all in this recent bounce/rally. Ominus, or are they just head faking people into thinking the banks are toppy?

The one really healthy thing about this market is that they keep moving from sector to sector. I discussed that tonight in the class, it's pretty cool if you watch them go from one to the other. The AGs look like they could really REALLY bust a move. But, again, that'll depend on the dollar's direction. If the dollar continues to plunge then watch $125 and then potentially $150 for POT. Having said that, we really are in nosebleed area and taking swings here for more then stabs seems a tad pricey to me. Hey, we should either ramp and see 1200 or fail and fall back to 1000 or below into year end. It's possible we just tread water, but seems unlikely.

Watch 1120 to 1125 are the next really key resistence levels here.

AAPL tanking hard into the close, again = ominus sign, or just someone dumping and tomorrow it reramps? If you look at it, GS, and some others its kinda scary, the typical leaders are not performing all that wonderfully.

OK, it's late and I have to hit the hay. Nite all, and remember - RULE!



Not only that, you get a $50 gift certificate for FREE good for any purchase over $50...


Starts at 7:30 pm EST tonight! Check it out! Click on the link below to get into the free class...

Class should be about 2 hours long and we'll be taking questions...