BullTrade Newsletter Portfolio Posts Only 3rd Losing Position in Last 43 Sold Positions -- 93% Success RateNOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by BullTrade.com.
SANTA CLARA, CA -- (MARKET WIRE) -- 08/06/09 --
There were six straight positions 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 short positions in Google and
Apple stop out on May 5th and 7th, for only the second and third losses of
the year. That means that 40 of the last 43 positions sold in the
newsletter were done so without a loss. That is a success rate of over 93%!
Other stocks that have been profiled in the past include General Electric
(NYSE: GE), JP Morgan Chase (NYSE: JPM) and Target (NYSE: TGT).
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Company: BullTrade.com
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