Totally 100% free, and will also have at least a couple stock and options ideas for ya for FREE!!! Sign up NOW and reserve your seat!
Michael "Waxie" Parness Tired of looking for work? Of working for "da man"? Stop the insanity and get with the BIG Ka-chingos! This Thursday and Saturday is - THE MOTHER OF ALL FREE STOCK CLASSES! Totally 100% FREE and the class will also give FREE stock picks!
http://trendfund.com/r.cfm?x=WX2
Sunday, March 14, 2010
Monday, March 08, 2010
MARKET and tonight's show;
First off, thank you all so much for your much appreciated comments and requests for me to start posting again. I will start to do so shortly on a regular basis, but until then will post on and off.
Right now the market has carved out a very solid range of 1100 to 1150 on the S & P, and is threatening to break to new yearly highs. Today's selloff, if you could call it that, of 15 DOW points was on the lowest volume (easily) of the year. This could be very bullish. It's been the opposite, meaning that on up days the volume is very light and down days bigger.
Having said that, I think anyone who says day to day they can predict this market is kidding themselves. Technicals aren't working great, and this kind of slow methodical trading doesn't do wonders to that many traders accounts. Most of the guys I respect, including myself, aren't rocking the world at all. It's tough to take hard swings here. Having said that, I do believe there are some very good opportunity and risk reward plays here. We've done well with GE, and C and both look to me to go much higher on a breakout to the upside on the markets. I think the downside isn't immense, and the upside could be explosive. Having said that, and yes I am hedging myself here cause you have to in this market, you could just be tying up your money for a long time.
Many stocks are just trading in a tight range, so its important to watch for breakouts and breakdowns. Maybe more so now then in a very long time.
I also like the AGs here if the market stays strong, and watch GNK, they are IPOing BALT this week supposedly and the stock could get a nice pop into that, though holding it over the IPO could prove risky. I currently own all of these.
I think the market is rallying on future inflationary predictions, its why people are dumbfounded as to why the market keeps climbing. Bears have to be very careful playing that disaster game, its proved long term to be a very bad way of trading...
Tonights show;
Michael Parness: "Trend Success" Tonight: SURVIVAL SUCCESS, How and Why Some People Survive Disaster, and some don't...
This is a MUST listen show, Survival and THRIVE go hand in hand. How you think and react to disaster will decide how you SUCCEED potentially in any area of your life...and it may even save your life and those around you!
WHEN: Tonight 7 to 8 pm EST
WHERE: www.chataboutit.com/about/trend-success
Tune in tonight and let Michael Parness take you to “The Unthinkable” and
beyond. Joining Michael are 3 of the world’s most foremost authorities on
Disasters (manmade and natural), and most importantly, how to survive
them. From market meltdowns to bioterrorism and hurricanes, this
show is a must for anyone who wants to know what to do when the
you-know-what hits the fan.Guests:
Amanda Ripley: Award winning journalist specilaizing in covering
disasters (natural and manmade). Sr. Contributor, Time Magazine,
Author, Speaker, and expert on Disaster Survival, having covered and
seen so many first hand. Amanda has traveled the world studying
disasters, natural and manmade. Her book, The Unthinkable: Who
Survives When Disaster Strikes — and Why, is the first major book to
explain how the brain works in disasters — and how we can learn to dobetter.
Dr. Jim James: Executive Director, Center For Public Health
Preparedness and Disaster Response. Editor-in-Chief, Journal Of Disaster
Medicine And Public Health Preparedness, a peer-reviewed publication of
the American Medical Association. Dr. James brings over 30 years of
experience in the public and private health care sectors-as a clinician,
researcher, and program director-to this challenging and criticalundertaking.
Karen Ketchie: President and CEO, Disaster Management Consultants.
Karen and DMC have developed many disaster-response-programs
currently being used by hospitals, other medical facilities, and
municipalities around the country; teaching at evey level how to prepare
for the worst, and what to do when the "worst" happens. Karen is on a
medical team that was recently dispatched by the government to Haiti,and she just recently returned from her service there.
www.chataboutit.com/about/trend-success
Right now the market has carved out a very solid range of 1100 to 1150 on the S & P, and is threatening to break to new yearly highs. Today's selloff, if you could call it that, of 15 DOW points was on the lowest volume (easily) of the year. This could be very bullish. It's been the opposite, meaning that on up days the volume is very light and down days bigger.
Having said that, I think anyone who says day to day they can predict this market is kidding themselves. Technicals aren't working great, and this kind of slow methodical trading doesn't do wonders to that many traders accounts. Most of the guys I respect, including myself, aren't rocking the world at all. It's tough to take hard swings here. Having said that, I do believe there are some very good opportunity and risk reward plays here. We've done well with GE, and C and both look to me to go much higher on a breakout to the upside on the markets. I think the downside isn't immense, and the upside could be explosive. Having said that, and yes I am hedging myself here cause you have to in this market, you could just be tying up your money for a long time.
Many stocks are just trading in a tight range, so its important to watch for breakouts and breakdowns. Maybe more so now then in a very long time.
I also like the AGs here if the market stays strong, and watch GNK, they are IPOing BALT this week supposedly and the stock could get a nice pop into that, though holding it over the IPO could prove risky. I currently own all of these.
I think the market is rallying on future inflationary predictions, its why people are dumbfounded as to why the market keeps climbing. Bears have to be very careful playing that disaster game, its proved long term to be a very bad way of trading...
Tonights show;
Michael Parness: "Trend Success" Tonight: SURVIVAL SUCCESS, How and Why Some People Survive Disaster, and some don't...
This is a MUST listen show, Survival and THRIVE go hand in hand. How you think and react to disaster will decide how you SUCCEED potentially in any area of your life...and it may even save your life and those around you!
WHEN: Tonight 7 to 8 pm EST
WHERE: www.chataboutit.com/about/trend-success
Tune in tonight and let Michael Parness take you to “The Unthinkable” and
beyond. Joining Michael are 3 of the world’s most foremost authorities on
Disasters (manmade and natural), and most importantly, how to survive
them. From market meltdowns to bioterrorism and hurricanes, this
show is a must for anyone who wants to know what to do when the
you-know-what hits the fan.Guests:
Amanda Ripley: Award winning journalist specilaizing in covering
disasters (natural and manmade). Sr. Contributor, Time Magazine,
Author, Speaker, and expert on Disaster Survival, having covered and
seen so many first hand. Amanda has traveled the world studying
disasters, natural and manmade. Her book, The Unthinkable: Who
Survives When Disaster Strikes — and Why, is the first major book to
explain how the brain works in disasters — and how we can learn to dobetter.
Dr. Jim James: Executive Director, Center For Public Health
Preparedness and Disaster Response. Editor-in-Chief, Journal Of Disaster
Medicine And Public Health Preparedness, a peer-reviewed publication of
the American Medical Association. Dr. James brings over 30 years of
experience in the public and private health care sectors-as a clinician,
researcher, and program director-to this challenging and criticalundertaking.
Karen Ketchie: President and CEO, Disaster Management Consultants.
Karen and DMC have developed many disaster-response-programs
currently being used by hospitals, other medical facilities, and
municipalities around the country; teaching at evey level how to prepare
for the worst, and what to do when the "worst" happens. Karen is on a
medical team that was recently dispatched by the government to Haiti,and she just recently returned from her service there.
www.chataboutit.com/about/trend-success
Monday, February 08, 2010
Tonight on Trend Success...
Tonight on Trend Success I have a show that every parent should tune into! Dr.Robert Titzer creator of "Your Baby Can Read", Robert Dorman of the National Association of Childhood Development will discuss what it takes to help nurture and develop your child! Tune in at www.chataboutit.com/about/trend-success and you ...can call in to speak to them as well! Tonight at 7 to 8 pm EST, or check out the archive Podcast after.
Please tune in also at 9:25 pm EST same radio station and I will talk about where I feel the market is headed!
We've been nailing it, its time for you to nail it, too!
RULE!
Please tune in also at 9:25 pm EST same radio station and I will talk about where I feel the market is headed!
We've been nailing it, its time for you to nail it, too!
RULE!
Monday, January 25, 2010
Tonight on Trend Success...tune in and hear my take on the Stock Market and the economy!
FROM: MICHAEL PARNESS - Tonight on TREND SUCCESS...
Tonight 7 to 8 pm EST Michael interviews Yankee announcer John Sterling about the coming season in baseball, his career and love 'em or hate 'em, the New York Yankees legacy...
Also, from 9 to 10 pm EST Michael is interviewed by Lisa Chase, the Political Chick about the state of the stock market, the state of the economy and the state of, well, the state!
Tune in and click on at; www.chataboutit.com/about/trend-success
You can also call in and talk to Michael LIVE by calling in toll free @ 1-877-242-8212
Check it out and hear Michael's riff on everything success related...
ALSO, thank you SO much for everyone that has donated money to the Trend Fund Foundation (501C-3) for our cause of helping to build a school in Haiti. So far we've got over 1/2 our goal of $50,000, keep the donations coming please. We need more help! Send an email to; yaffa.holmes@gmail.com for more info and where to send checks. Any donation is greatly appreciated and will go to a very worthy cause!
Michael Parness
waxie@trendfund.com
Tonight 7 to 8 pm EST Michael interviews Yankee announcer John Sterling about the coming season in baseball, his career and love 'em or hate 'em, the New York Yankees legacy...
Also, from 9 to 10 pm EST Michael is interviewed by Lisa Chase, the Political Chick about the state of the stock market, the state of the economy and the state of, well, the state!
Tune in and click on at; www.chataboutit.com/about/trend-success
You can also call in and talk to Michael LIVE by calling in toll free @ 1-877-242-8212
Check it out and hear Michael's riff on everything success related...
ALSO, thank you SO much for everyone that has donated money to the Trend Fund Foundation (501C-3) for our cause of helping to build a school in Haiti. So far we've got over 1/2 our goal of $50,000, keep the donations coming please. We need more help! Send an email to; yaffa.holmes@gmail.com for more info and where to send checks. Any donation is greatly appreciated and will go to a very worthy cause!
Michael Parness
waxie@trendfund.com
Friday, January 22, 2010
CARRY TRADE UNWINDING...SEE YA OTHER SIDE OF 10k quickly...plus clarity on my comments yesterday!
I've been talking a lot about the CARRY TRADE to Marketcast and Trendfund.com clients for a while now (and on my radio show on www.chataboutit.com). I told my Marketcast clients on Tuesday that I believed it was now upon us. I do not own a single stock long (other then UUP which is because I think the dollar should continue to rally for a while). Today we had AAPL puts for Option Trader, which frankly has been killin' it with the ideas!
Markets trend higher and over periods of time they usually stutter step to new highs of that particular move over time.
One thing that is historically true is that down moves in the market usually happen a LOT quicker and are more vicious in nature, often leaving investors scarred for life, or broke.
I think the carry trade is basically done. That doesn't mean we won't get a nice oversold bounce sometime next week, cause we probably will at some point, but I would be looking to short it from here. I think the highs of the year are in for a while, 1150 on the S & P looks to be a very tough # from here.
Every stock I can think of worth anything (other then EBAY I think) that has reported earnings this quarter so far, and granted the season just started, has been clobbered off the report, or quickly thereafter, some with devastating moves. GS blew out and is down HUGE from the #s (how do you blow out better then $3 a share above consensus!?). GOOG bamm, JPM, AXP, COF bammo.
It's time to look for opportunities on the short side. For Stock play of the week this week I called SRS, its up 10% in a week for us basically (a little less). And for Option Play of the Week we called VNO puts, which are up over 100% in a week I believe.
I'd be looking at SRS to continue higher, that sector is VERY vulnerable. SKF if it can bust $25 here could see $30s in a jiff. We are now officially oversold, so the bounce might be a better play, or at least safer one. As a trader you can afford to pick your spots and one thing that seperates us making money vs. losing is to be on the right side of the field with the wind to our backs. Since March that side of the field has been the BULL side. I believe we are now on the BEAR side of things and we need to stay there until 1150 is cleanly taken out.
Remember, if you are wrong on a trend move you can only be wrong once, if you are right, and I believe we are, you can be right for a long, long time.
RULE folks, RULE!
CLARITY ON YESTERDAY'S BLOG COMMENTS! I got several emails angry because they felt I was saying that Obama was responsible somehow for the Supreme Court decision on corporate campaigning that I think is a travesty. If it came across that way, I didn't mean to tie the two together. I am NOT a conservative. I'm a liberal and have always been if anything, but I do not consider myself a Republican or Democrat at this point. I am completely independent. I think the parties are antiquated and its unfortunate we don't have any true visionaries that I can see in politics at this point.
The Supreme court decision yesterday can easily be traced to the Bush administration because of his appointees that tipped the scales to the right. I am well aware of that.
My issue these days is that there is little or no real difference between the parties since they both seem self serving to me. I just had to clear the air since I got accused of being like watching FOX Television, which no offense to anyone who differs in their viewpoint as I enjoy hearing everyone's thoughts (for the most part), but I doubt Glen Beck will ever have me on his show unless it was to go after me somehow.
I grew up in NYC and my mother was on and off welfare throughout my childhood at times. We are formed partly by our environment growing up, and it would be tough for me to be considered a conservative. As I've grown up I consider myself somewhat of a fiscal conservative, but whatever. I don't want to politicize this blog, I enjoy stirring up thoughts and provoking discourse and if I can do my share of that then I consider it productive, stocks or otherwise.
Hope that clears up my commentary yesterday. I think its appalling that corporations can now skirt donation limits and laws currently in effect now and basically be for sale to use their bankrolls to try to help shape elections. I'm sorry, elections are not supposed to be for sale. And, yes, I know Mike Bloomberg spent a lot, as have others, and that helped or one could argue secured victory. That's for another blog discussion, they aren't publicly traded people. There needs to be, in my opinion, a separation of corporate policy and political policy.
Have a great weekend and next week is D-day in this market, we shall see if they mount a rally, or we roll over and 9500 next stop...tune in and I'll try to keep you informed!
RULE
WAXIE
Markets trend higher and over periods of time they usually stutter step to new highs of that particular move over time.
One thing that is historically true is that down moves in the market usually happen a LOT quicker and are more vicious in nature, often leaving investors scarred for life, or broke.
I think the carry trade is basically done. That doesn't mean we won't get a nice oversold bounce sometime next week, cause we probably will at some point, but I would be looking to short it from here. I think the highs of the year are in for a while, 1150 on the S & P looks to be a very tough # from here.
Every stock I can think of worth anything (other then EBAY I think) that has reported earnings this quarter so far, and granted the season just started, has been clobbered off the report, or quickly thereafter, some with devastating moves. GS blew out and is down HUGE from the #s (how do you blow out better then $3 a share above consensus!?). GOOG bamm, JPM, AXP, COF bammo.
It's time to look for opportunities on the short side. For Stock play of the week this week I called SRS, its up 10% in a week for us basically (a little less). And for Option Play of the Week we called VNO puts, which are up over 100% in a week I believe.
I'd be looking at SRS to continue higher, that sector is VERY vulnerable. SKF if it can bust $25 here could see $30s in a jiff. We are now officially oversold, so the bounce might be a better play, or at least safer one. As a trader you can afford to pick your spots and one thing that seperates us making money vs. losing is to be on the right side of the field with the wind to our backs. Since March that side of the field has been the BULL side. I believe we are now on the BEAR side of things and we need to stay there until 1150 is cleanly taken out.
Remember, if you are wrong on a trend move you can only be wrong once, if you are right, and I believe we are, you can be right for a long, long time.
RULE folks, RULE!
CLARITY ON YESTERDAY'S BLOG COMMENTS! I got several emails angry because they felt I was saying that Obama was responsible somehow for the Supreme Court decision on corporate campaigning that I think is a travesty. If it came across that way, I didn't mean to tie the two together. I am NOT a conservative. I'm a liberal and have always been if anything, but I do not consider myself a Republican or Democrat at this point. I am completely independent. I think the parties are antiquated and its unfortunate we don't have any true visionaries that I can see in politics at this point.
The Supreme court decision yesterday can easily be traced to the Bush administration because of his appointees that tipped the scales to the right. I am well aware of that.
My issue these days is that there is little or no real difference between the parties since they both seem self serving to me. I just had to clear the air since I got accused of being like watching FOX Television, which no offense to anyone who differs in their viewpoint as I enjoy hearing everyone's thoughts (for the most part), but I doubt Glen Beck will ever have me on his show unless it was to go after me somehow.
I grew up in NYC and my mother was on and off welfare throughout my childhood at times. We are formed partly by our environment growing up, and it would be tough for me to be considered a conservative. As I've grown up I consider myself somewhat of a fiscal conservative, but whatever. I don't want to politicize this blog, I enjoy stirring up thoughts and provoking discourse and if I can do my share of that then I consider it productive, stocks or otherwise.
Hope that clears up my commentary yesterday. I think its appalling that corporations can now skirt donation limits and laws currently in effect now and basically be for sale to use their bankrolls to try to help shape elections. I'm sorry, elections are not supposed to be for sale. And, yes, I know Mike Bloomberg spent a lot, as have others, and that helped or one could argue secured victory. That's for another blog discussion, they aren't publicly traded people. There needs to be, in my opinion, a separation of corporate policy and political policy.
Have a great weekend and next week is D-day in this market, we shall see if they mount a rally, or we roll over and 9500 next stop...tune in and I'll try to keep you informed!
RULE
WAXIE
Thursday, January 21, 2010
It's time to speak out...
I can no longer sit idly by on the sidelines, today's dog and pony show was just too much to bear. Once again we have idle promises and smoke and mirrors. Worst of all it's outrageous, and wrong.
First we have to hear our illustrious President talk about the evil banks and how "if those financial folks (when did a bank become a folk? hmmm) want a fight, I'll give them a fight".
What's wrong with this picture? Aren't these the same evil banks that the US taxpayer bailed out to the tune of 100s of BILLIONS? Aren't these the very same banks that didn't get into trouble due to hedge funds and real derivatives, but rather derivatives that came about by the very same soon-to-be NON banks like GS that now will reap the rewards of not being a bank, when they chose to be one when it was good to do that?
Of course they are, and of course this is all nonsense, total rubbish. I'm sorry, but its a little late to the party to be telling anyone that you'll fight those financial FOLKS. You should have fought them before you bailed them all out and before you helped create another bubble with GS up 150%, MS up 400%, BAC up 400%, C up 200% and the list goes on and on and on, from their bottoms.
This "plan" is nothing more then a blatant attempt to mask a dozen other bad decisions and try to appease main street, or the good people who don't invest in the market, of which over 50% of the country doens't.
Everything has a very big agenda that isn't even cloaked anymore, its all right out there as though we are idiots and don't realize what's going on. Well, we do and I'm tired of it.
Once again the institutions who need the reigning in will benefit from this, making GS and MS and others in that sector even more powerful. It's very scary, indeed.
Item #2 is this Supreme court decision which effectively allows corporations to try to buy elections, and which skirts all the donation laws. For example, if JPM wants O'Bama or anyone for that matter, reelected they could run smear campaigns and instead of only being allowed to donate up to a specific amount, they can now throw the campaign limits out the window and engage in any ads they want.
This is the exact opposite of what we voted in as a nation = CHANGE. Right now the only thing I see is more of the same.
We are run by a few select corporations, and its not good. Not good at all.
RULE
Waxie
First we have to hear our illustrious President talk about the evil banks and how "if those financial folks (when did a bank become a folk? hmmm) want a fight, I'll give them a fight".
What's wrong with this picture? Aren't these the same evil banks that the US taxpayer bailed out to the tune of 100s of BILLIONS? Aren't these the very same banks that didn't get into trouble due to hedge funds and real derivatives, but rather derivatives that came about by the very same soon-to-be NON banks like GS that now will reap the rewards of not being a bank, when they chose to be one when it was good to do that?
Of course they are, and of course this is all nonsense, total rubbish. I'm sorry, but its a little late to the party to be telling anyone that you'll fight those financial FOLKS. You should have fought them before you bailed them all out and before you helped create another bubble with GS up 150%, MS up 400%, BAC up 400%, C up 200% and the list goes on and on and on, from their bottoms.
This "plan" is nothing more then a blatant attempt to mask a dozen other bad decisions and try to appease main street, or the good people who don't invest in the market, of which over 50% of the country doens't.
Everything has a very big agenda that isn't even cloaked anymore, its all right out there as though we are idiots and don't realize what's going on. Well, we do and I'm tired of it.
Once again the institutions who need the reigning in will benefit from this, making GS and MS and others in that sector even more powerful. It's very scary, indeed.
Item #2 is this Supreme court decision which effectively allows corporations to try to buy elections, and which skirts all the donation laws. For example, if JPM wants O'Bama or anyone for that matter, reelected they could run smear campaigns and instead of only being allowed to donate up to a specific amount, they can now throw the campaign limits out the window and engage in any ads they want.
This is the exact opposite of what we voted in as a nation = CHANGE. Right now the only thing I see is more of the same.
We are run by a few select corporations, and its not good. Not good at all.
RULE
Waxie
Monday, January 18, 2010
tonights radio show
Is cancelled, will return next Monday from 7 to 8 pm est
Thanks!
If you want to check out past shows you can log onto:
www.chataboutit.com/about/trend-success
Thanks!
If you want to check out past shows you can log onto:
www.chataboutit.com/about/trend-success
earnings Runners and some special words on Haiti!
_________________________________
Earnings Runner class (and some special words about the situation in Haiti) PLEASE READ:
I'm not crazy about the market here, the 3 big companies to report earnings all blew out estimates and yet traded way down (AA didn't blow out but did beat revenue forcasts but JPM and INTC crushed estimates all around).
While I still expect some opportunities this earnings season, of course. I'd rather take it on a case by case basis. I'd also rather not put my money into a bunch of swing trades here and if I'm not willing to consider putting my money into a trade idea I have then I certainly
wouldn't want to discuss it in a class as something special!
A nice size group signed up for the class which was to be expected after the phenomenal January Effect list success we had, but no one has or will be charged for this Earnings Runner class. . Let's see how things pan out here.
This is a critical juncture for the market and its either going to bust a lot higher, or we could see that correction the bears have been drooling over and praying for. I'd lean toward a correction but either way it should be a volatile bumpy ride.
I don't like 50 50 shots and right now the odds are about that in my opinion.
Stay tuned and RULE!
And, special prayers to the people here and all over who are suffering due to the devastating tragedy to our brothers and sisters of Haiti.
If you haven't given anything remember that we're all in this craxy thing we call life together and when 9/11 happened here nations and people from around the world reached out to help us.
The economy will fluctuate, but we will survive it, its not the end of the world. 100,000s of people dead and without food and shelter is literally earth shattering and unfortunately we are not immune to it potentially striking here either.
Give what you can and send your prayers. My 501C-3 charitable foundation, The Trend Fund Foundation, which usually gives money to causes here will match any donation our clients and my friends (including you) send in up to 30k.
I am looking into ways to perhaps rebuild a school or do something direct rather then just send money that may or may not make it to people suffering. Stay tuned and send in 5 or 10 or 100 dollars via whatever means necessary.
Email me for more info: waxie@trendfund.com
All donations are tax deductible.
+Also, please check out my new weekly online Radio show: Trend Success every Monday 7 to 8 pm EST at:
www.chataboutit.com/about/trend-success
This weeks show we have John Sterling and Ron Darling as guests. John and Ron are Yankee and Mets baseball announcers and we'll be discussing their careers and what it takes to be a success in baseball. Upcoming weeks will feature guests from all walks of life who will give their insights into success. Our soon to be announced calendar will include a special series of "Survival Success" where I have expert guests lined up to talk about surviving and thriving in all walks of life, so check out the show and call in to say hi! If you want to be a guest and can talk about overcoming adversity or success you've had please send me an email and I will get back to you right away.
+Also sign up for our FREE 2 week trial to our world famous Chat room! A 214 dollar value for FREE at: www.trendfund.com
Rule!
Waxie
Earnings Runner class (and some special words about the situation in Haiti) PLEASE READ:
I'm not crazy about the market here, the 3 big companies to report earnings all blew out estimates and yet traded way down (AA didn't blow out but did beat revenue forcasts but JPM and INTC crushed estimates all around).
While I still expect some opportunities this earnings season, of course. I'd rather take it on a case by case basis. I'd also rather not put my money into a bunch of swing trades here and if I'm not willing to consider putting my money into a trade idea I have then I certainly
wouldn't want to discuss it in a class as something special!
A nice size group signed up for the class which was to be expected after the phenomenal January Effect list success we had, but no one has or will be charged for this Earnings Runner class. . Let's see how things pan out here.
This is a critical juncture for the market and its either going to bust a lot higher, or we could see that correction the bears have been drooling over and praying for. I'd lean toward a correction but either way it should be a volatile bumpy ride.
I don't like 50 50 shots and right now the odds are about that in my opinion.
Stay tuned and RULE!
And, special prayers to the people here and all over who are suffering due to the devastating tragedy to our brothers and sisters of Haiti.
If you haven't given anything remember that we're all in this craxy thing we call life together and when 9/11 happened here nations and people from around the world reached out to help us.
The economy will fluctuate, but we will survive it, its not the end of the world. 100,000s of people dead and without food and shelter is literally earth shattering and unfortunately we are not immune to it potentially striking here either.
Give what you can and send your prayers. My 501C-3 charitable foundation, The Trend Fund Foundation, which usually gives money to causes here will match any donation our clients and my friends (including you) send in up to 30k.
I am looking into ways to perhaps rebuild a school or do something direct rather then just send money that may or may not make it to people suffering. Stay tuned and send in 5 or 10 or 100 dollars via whatever means necessary.
Email me for more info: waxie@trendfund.com
All donations are tax deductible.
+Also, please check out my new weekly online Radio show: Trend Success every Monday 7 to 8 pm EST at:
www.chataboutit.com/about/trend-success
This weeks show we have John Sterling and Ron Darling as guests. John and Ron are Yankee and Mets baseball announcers and we'll be discussing their careers and what it takes to be a success in baseball. Upcoming weeks will feature guests from all walks of life who will give their insights into success. Our soon to be announced calendar will include a special series of "Survival Success" where I have expert guests lined up to talk about surviving and thriving in all walks of life, so check out the show and call in to say hi! If you want to be a guest and can talk about overcoming adversity or success you've had please send me an email and I will get back to you right away.
+Also sign up for our FREE 2 week trial to our world famous Chat room! A 214 dollar value for FREE at: www.trendfund.com
Rule!
Waxie
Wednesday, January 06, 2010
2010 = Year of the TRADER!
2009 turned out to be the year of the INVESTOR.
I got news for you, 2010 is gonna be the year of the TRADER!
Look at today's action = 'nuff said.
MONEY FLOW & SECTOR ROTATION is what you need to follow this year.
So far we are totally rocking, the January Effect is INSANE (STEC calls are up a WHOPPING roughly 500%!!!!!) I think the list went 100%, which would be our BEST EVER!
Congrats to those that came along for the ride!!! Very sweet.
Look at today's action for clues about how the year will play out. Tech, which has been HOT of HOT died completely, with AAPL, GOOG, PCLN, et al all DYING hard.
Yet, the market didn't roll over, not in the least. I am long PAL and SWC ($10 calls) and the AGs (POT, IPI) and these sectors are FLYING and probably have some more near term upside.
So, you can't be narrow minded, you need to follow the MONEY FLOW. I believe this year money will be made by doing just that. Tonight's FREE class (email - ilene@trendfund.com if you want the FREE archive link!) I talked about this ad infinitum, and then Scott gave all the technical market levels to watch for.
One of my new year's resolutions this year is to strictly play this market by the TREND book. I think this year in particular TRENDS will really be important. Yes, they always are, but this year I think we play by the book.
I also think that the Dollar will be strong, but it won't kill the market since its a "WEAK STRONG" meaning that as long as the Fed keeps the printing presses on, which they have to, the market should be ok. We'll see, but SECTOR ROTATION AND MONEY FLOW are what you need to watch, period.
Stay tuned, I'll have some really excited ideas soon. I also gave out my STOCK OF THE YEAR in the Free class, so check it out!
Also, right now you can get a 2-week FREE trial to our top Ninja trading plan ($214 value) by simply going to; www.trendfund.com
Sign up for the FREE trial and check it out, we have been ROCKING in a HUGE way!
Thanks for all your support and I look forward to a great 2010.
All my best, on the other side and this one -
Michael "Waxie" Parness
waxie@trendfund.com (email me freely)
I got news for you, 2010 is gonna be the year of the TRADER!
Look at today's action = 'nuff said.
MONEY FLOW & SECTOR ROTATION is what you need to follow this year.
So far we are totally rocking, the January Effect is INSANE (STEC calls are up a WHOPPING roughly 500%!!!!!) I think the list went 100%, which would be our BEST EVER!
Congrats to those that came along for the ride!!! Very sweet.
Look at today's action for clues about how the year will play out. Tech, which has been HOT of HOT died completely, with AAPL, GOOG, PCLN, et al all DYING hard.
Yet, the market didn't roll over, not in the least. I am long PAL and SWC ($10 calls) and the AGs (POT, IPI) and these sectors are FLYING and probably have some more near term upside.
So, you can't be narrow minded, you need to follow the MONEY FLOW. I believe this year money will be made by doing just that. Tonight's FREE class (email - ilene@trendfund.com if you want the FREE archive link!) I talked about this ad infinitum, and then Scott gave all the technical market levels to watch for.
One of my new year's resolutions this year is to strictly play this market by the TREND book. I think this year in particular TRENDS will really be important. Yes, they always are, but this year I think we play by the book.
I also think that the Dollar will be strong, but it won't kill the market since its a "WEAK STRONG" meaning that as long as the Fed keeps the printing presses on, which they have to, the market should be ok. We'll see, but SECTOR ROTATION AND MONEY FLOW are what you need to watch, period.
Stay tuned, I'll have some really excited ideas soon. I also gave out my STOCK OF THE YEAR in the Free class, so check it out!
Also, right now you can get a 2-week FREE trial to our top Ninja trading plan ($214 value) by simply going to; www.trendfund.com
Sign up for the FREE trial and check it out, we have been ROCKING in a HUGE way!
Thanks for all your support and I look forward to a great 2010.
All my best, on the other side and this one -
Michael "Waxie" Parness
waxie@trendfund.com (email me freely)
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 -
Waxie
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 -
Waxie
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
From: jxxxxx@xxx.com
Reply To:
To: waxie@trendfund.com
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
From: jr@xxx.net
Reply To:
To: waxie@trendfund.com
Waxie,
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
T.R.
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
From: jxxxxx@xxx.com
Reply To:
To: waxie@trendfund.com
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
From: jr@xxx.net
Reply To:
To: waxie@trendfund.com
Waxie,
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
T.R.
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
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 Attraction...how 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.
RULE...
Michael "Waxie" Parness
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.
RULE...
Michael "Waxie" Parness
Sunday, December 27, 2009
More testimonials and seminar interest!
This summary is not available. Please
click here to view the post.
March seminar, futures flat...coming week...
This summary is not available. Please
click here to view the post.
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 - waxie@trendfund.com
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 - waxie@trendfund.com and as soon as we have it, we'll get you the info!
RULE!
Michael "Waxie" Parness
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 - waxie@trendfund.com
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 - waxie@trendfund.com and as soon as we have it, we'll get you the info!
RULE!
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*(*&(*@xxx.xxx
Sent: Thursday, December 24, 2009 10:20 AM
To: support@trendfund.com
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'
Fuzz
_____________________________________________________________________________________
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; waxie@trendfund.com.
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 @ www.chataboutit.com/about/trend-success
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; waxie@trendfund.com, or ilene@trendfund.com 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!
RULE
Michael "Waxie" Parness
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*(*&(*@xxx.xxx
Sent: Thursday, December 24, 2009 10:20 AM
To: support@trendfund.com
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'
Fuzz
_____________________________________________________________________________________
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; waxie@trendfund.com.
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 @ www.chataboutit.com/about/trend-success
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; waxie@trendfund.com, or ilene@trendfund.com 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!
RULE
Michael "Waxie" Parness
Thursday, December 24, 2009
Thanks for a great Window Dressing class! And, check out the powerful - www.trendcrusher.com 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 - waxie@trendfund.com 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; www.trendcrusher.com
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
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 - waxie@trendfund.com 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; www.trendcrusher.com
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;
www.chataboutit.com/about/trend-success
You can call in, toll free, to speak to me or the comics as well!
7 to 8 pm EST tonight!
www.chataboutit.com/about/trend-success
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 waxie@trendfund.com and CC ilene@trendfund.com 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 Ilene@trendfund.com 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.
RULE
Michael "Waxie" Parness
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 waxie@trendfund.com and CC ilene@trendfund.com 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 Ilene@trendfund.com 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.
RULE
Michael "Waxie" Parness
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