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Friday, April 18, 2008

As crazy as it sounds 33% in 33 days

 

 

Dear Reader,

 

Today's oil prices don't give you much pleasure at the gas pump, but if you're smart enough to put yourself on the right side of this trend, you can really clean up.

 

You know I predicted years ago that oil would cost more than $100 by the end of this decade.  Well, it's only 2008 and oil is over $110 right now.

 

A little over a month ago, when oil closed in the three-digit range, three days in a row, for the first time in history, we felt sure that oil service stocks would respond by climbing up from their oversold levels.  One of best performing stocks in that group at the time was Weatherford International (WFT).  So to maximize our short-term profits, we recommended a leveraged play on the stock.

 

Now, this was an aggressive position – best suited to investors comfortable with short-term, speculative trading.  That's one reason why I couldn't show it to most TCI readers.  (The other is that my research costs on these sort of trades are much higher.)  But it was also a very rewarding trade – well worth the risk for those who participated.

 

Just 33 days later, WFT had moved up sharply – actually looked a little overbought – so we cashed in our position for a nice 33% gain. 

 

I'd like to share trades like this with you.  Seeing as I come across similar opportunities once or twice a week, the profits have been pretty good since we started. (The average gain on a closed trade since inception has been 12%, with an average holding period of just 39 days, so far.) 

 

If you think you might be interested in this opportunity please follow this link for more information .... Leeb’s Aggressive Trader

 

But before I can alert you to this week's opportunity, I have to know you're the kind of person who can react quickly and that you know your limits.  I also need a little commitment on your side.

 

I think you'll be amazed how easy it is.

 

Sincerely,

 

Stephen Leeb, Ph.D.

Research Chairman

Leeb’s Aggressive Trader

 

 


 

SLAT Stephen Leeb's Aggressive Trader LLC  ("SLAT") is not registered as a broker dealer or investment adviser with the U.S. Securities and Exchange Commission or any state securities authority. SLAT believes its sources of information to be reliable; we in no way represent or guarantee the accuracy of the statements made herein. SLAT makes no representations or warranties of any kind in connection with the subject matter, performance or the suitability of the information. SLAT is not liable for the timeliness or completeness of the information contained herein. The information contained in SLAT is provided for general informational purposes, and is not a substitute for obtaining professional advice from a qualified person, firm or corporation familiar with your personal circumstances.  Please seek the advice of professionals, as appropriate, regarding the evaluations of any specific security, report, opinion, advice or other content. SLAT is not responsible for any trades placed by the recipients of SLAT based on the information included herein. There can be no assurance that your portfolio or positions can achieve the indicated performance and therefore, the sample performance information should not be relied upon.  Investment recommendations are not intended to be construed to be personalized advice, or recommendations to buy, hold, or sell mentioned securities and readers should consider their personal situation before making any investment. All opinions expressed and information and data provided therein are subject to change without notice. SLAT, its officers, directors, employees, and/or associated entities may have positions in and from time to time make purchases or sales of the securities discussed or mentioned in SLAT. SLAT shall have no liability for any newsletter that is lost, intercepted or not received by you in a timely manner, or at all, for any reason. The performance figures do not reflect brokerage fees, commissions, taxes or other expenses. Past performance is not indication of future results. Inherent in any investment is the potential for loss. Performance is not audited.

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