|
The Stock Trading Advisor’s “From
the Trading Turret”
From: R. A. Christy
Editor, ‘From the Trading Turret’
President/CEO, Christy Investment Group
http://www.christyinvestments.com
Date: January 13, 2008
The Stock Trading
Advisor; January 8, 2008
I think it’s time for a do-over. Talk
about getting off on the wrong foot. I can’t remember that last time I
saw anything this ugly. About all I can say is this – cash is king and
there is a reason why we use stops.
This isn’t overly complicated. The talking
heads may think it is but it isn’t. The other shoe is ready to drop.
Subprime is still the word of the day as Bear Stearns’ chief Jimmy Cayne
is headed for the showers. Countrywide is rumored to be nearing a
bankruptcy filing. Is there anyone left who cares? Merrill Lynch says
we’re in a recession and the Fed is still up in the air about rates.
Nothing has changed – more sellers than
buyers. We’re still on defense will a couple of shorts and some really
tight stops.
When this nightmare ends, we should see
a pretty good bounce.
As for
New Hampshire, Obama is the media darling and the leader so
look for the Clinton’s
to dig into their bag of dirty tricks. We haven’t seen anything yet.
Keep your hard hat on
and stay low.
That’s about it.
RA Christy
The Stock Trading
Advisor
P.S. Please fee
free to forward this to your peers, friends and associates you think
would benefit from its contents. They will thank you for it - and so
will I!
**********
The Stock Trading Advisor’s ‘From the
Trading Turret’ is an OPT-IN
e-letter only. Sign Up to receive your own free copy of The
Stock Trading Advisor’s ‘From the Trading Turret’:
http://www.christyinvestments.com. Please be assured we do not spam or give
personal information to third parties--ever.
**********
** CIG NEW
MANAGED FOREX ACCOUNT PLATFORM **
Is Foreign Exchange (FX) trading right
for you? Over the past few years, foreign exchange (Forex or FX) trading
has emerged as a competitor to the established worldwide stock and
commodity markets. If you’re not familiar with Forex, it is the largest
and most liquid market in the world. Forex trading offers many
advantages, such as: commission free 24 hour trading, superior margin
requirements, no limit-up or limit-down, tight bid-ask spreads and no
short-selling restrictions.
CIG offers investors 2 different account
options, The CIG Managed Forex Account and a Self-Directed Account. The
Managed Account is one that we manage for you on a performance fee
basis. The other is one that you trade yourself.
Click here (http://www.christyinvestments.com/forex.htm)
to see why top traders and analysts are moving into this exciting
trading arena.
**********
About 20% of e-mail is never received due
to spam filters.
If you have a spam checking program
installed on your computer, please be sure to add
rac@christyinvestments.com to your "safe list."
**********
R. A. Christy is a professional stock
trader, money manager and author. Mr. Christy is the President CEO of
Christy Investment Group, Ltd., a registered investment advisory firm.
He is also the Managing Partner and Portfolio Manager of Plato Advisors,
LLC. At the time of publication, Mr. Christy may from time to time write
about stocks in which he, Christy Investment Group Ltd or Plato Advisors
LLC has a position. In such cases, appropriate disclosure is made.
Under no circumstances does the information in this column represent a
specific recommendation to buy or sell stocks. Mr. Christy appreciates
your feedback and invites you to send it to
rac@christyinvestments.com.
The Stock Trading Advisor
c/o Christy Investment Group
P.O. Box 625
Alpharetta, GA 30009-0625
To unsubscribe or change subscriber
options, please contact us:
online:
http://www.christyinvestments.com
by email:
info@christyinvestments.com
by fax: 1-678-302-4348.
© Copyright 2007 RA Christy
|
