BullTrade Newsletter Portfolio Posts Only 2nd Losing Position in Six Months -- Up Over 43% During That PeriodNOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by BullTrade.com.
SANTA CLARA, CA -- (MARKET WIRE) -- 05/07/09 --
There were six straight positions were sold
without a loss to complete 2008 for the BullTrade
(http://www.bulltrade.com) newsletter. Despite the horrific January and
February the markets experienced to start 2009, the BullTrade Newsletter
portfolio rolled off 10 straight victorious positions, bringing the streak
to sixteen. On March 10th, a stop loss hit in a position in Lowe's (NYSE: LOW) ending the streak at seventeen. But the remainder of March saw six
more positions closed without a loss, and three more in April, including a
huge gain in Alpha Natural. Ten positions after the March 10th loss, the
BullTrade newsletter portfolio finally had a short position in Google stop
out on May 5th for only the second loss of the year. That means that 26 of
the last 28 positions sold in the newsletter were done so without a loss,
and 20 of this year's 22 positions have met the same fate. That is a
success rate of over 90%!
Other stocks that have been profiled in the past include Bank of America
(NYSE: BAC), Amazon (NASDAQ: AMZN) and Qualcomm (NASDAQ: QCOM).
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Robert A. Fitzpatrick
Company: BullTrade.com
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