When You’re Wrong, You’re Wrong

by Investment U Research Team

Look, if the market turns against your position, it turns. The best thing you can do is to be prepared with a systematic exit point with a trailing stop. If a person screams, “it will rain” at the sky long enough, it will eventually come to pass.

But that doesn’t mean they caused it to rain.

Trying to get a handful of stocks to move in the direction you want them too has about the same effect. It’s why we prefer systems and strategy instead of hope. Hope isn’t a plan.

As part of our research, we like to look back to see if a thesis or market opinion was correct. It’s why we’re looking back at a few of our Blackboards from last week and the stocks mentioned in them.

E*Trade Financial (Nasdaq: ETFC) was a stock we looked at last Monday in Price Wimps of the S&P, and two days later in E*Trade, Forgotten Profit Center. We’ve been happy to see it jump over 150% in just over a week.  Not too shabby.

And before you think we cherry picked that stock, take a look at some of the other companies mentioned in that article.

American International (NYSE: AIG) is up 437% – who could have seen that coming?  Genworth Financial (NYSE: GNW) is up 141%, Tenet Healthcare (NYSE: THC) is up 15%, and Office Depot (NYSE: ODP) is up 88%. That’s an average increase of 166% – not bad at all.

It goes to show you that there are the potential for enormous gains in a short period of time. You just need to be looking for them. 

Companies mentioned in this article: ETFC, AIG, GNW, THC and ODP

• Price Wimps of the S&P 500
• E*Trade Attractive Again?
• E*Trade Forgotten Profit Center

Sign Up now and receive this Free report: Collect 122% in the Next 12 Months From Gold's Surge.

The Single Best Investment for 2009

Forget another stimulus package. Or retreating into "safe-havens" like cash and gold. All you need in 2009 is a small exposure to the "secret" White Cap Index.

It's up as much as 171% straight through Wall Street's meltdown. And one of the latest stocks to be added - an Internet-related venture capital company - is up over 100% since its inclusion into the Index.

Just weeks from now, we'll add another White Cap stock to this market-trouncing index. To get a sneak peek, click here for full details.

Comments

Check out our selection of daily Investment Research:

We Respect Your Privacy

---

What is Investment U?

Since 1999, Investment U has provided impartial, no-nonsense investment advice on how to build long-lasting wealth.

---

Recent Articles

Platinum Services

The Oxford Club is an exclusive, global network of investors, who collectively participate in the pursuit of prosperity and wealth. The Club is renowned for its market-beating, tried-and-true investment principles.

The White Cap Report exclusively identifies companies, White Caps, which - by being among the earliest to gain traction - have secured dominant positions within untapped, billion-dollar markets.

With an elite trading team at the helm, the Xcelerated Profits Report shows any investor how to "invest like a pro," using high-level, yet easy-to-execute strategies that "xcelerate" profits while minimizing risk.

---