Pete's Money Makers

[Peter Hansen]

Steel U are in the money

It does, a lot. Thank you. Just one last thing for clarification, When I "buy" an ETF, do I want the price to go up or down? Right now, SKF is up over 4%. Would I be happy?

I am gaining knowledge here, filling my quiver.

Steel SKF is an ETF whose job is to SHORT THE FINANCIALS .....which means as the banks and financials go DOWN ....SKF will go UP ,A GOOD THING FOR YOU! What I would do is place a Trailing Stop Dollar or percentage amount. How do you detrmine that ...take the difference between the high and low and use that ! For example let us say a stock or ETF closes at 85 during the day its high was 90 and low was 80 for the day. I would use a $10 trailing stop loss. Have a great day !

[Peter Hansen]

10 shorts for 2/4/09

Well looks as if the traders are playing with the stock markets again , because the futures are up . I have listed 10 super sweet shorts below , but I would not play them until later in the day . I f you buy at 9:30 AM ,and if the markets trade up all day , you will not be a happy camper . I really don't believe this rally today will hold because nothing has really changed ,The markets are ALL in a strong downtrend!......I am confident my SHORTS will be in the money within 2-10 days. IS this certain? , of course not .....but as the old saying goes .....You put your money down and take your chances !


1. RAVN SHORT
2. WYNN SHORT
3. SIVB SHORT
4. COLM SHORT
5. EXBD SHORT
6. GMT SHORT
7. PTV SHORT
8. MHK SHORT
9. FO SHORT
10 UNT SHORT

Good Luck and have a great day!

[Lyehopper]

Hey Pete, 'ol buddy, 'ol pal.... it's freakin' March already dude!... that'd be the 3rd month in the year.... not the 2nd.... Sssssss!

[Peter Hansen]

Lye Thanx Bro

Hey Pete, 'ol buddy, 'ol pal.... it's freakin' March already dude!... that'd be the 3rd month in the year.... not the 2nd.... Sssssss!

Lye you do have a good eye....What was I thinking? Yes it is MARCH...My mind does work better when occupied with such numbers as 36D 24 36 LOL
Have a great day bro ! Pete !

[dredre609]

Ravn

I love how Mr. Market is buying RAVN long and your shorting it haha.

[steelman]

Hey Big Pete, Are you a day treader??? I heard today on the radio.... some guy said buy and hold is a formula for disaster. I agree but I am putting some money w C and long, for a long time. Outside of that, it sounds like I am better off listening to you "Huge guys" and doing stuff short term? Like I said before, I am here to learn and put more arrows in my quiver.

[Peter Hansen]

Steel

Hey Big Pete, Are you a day treader??? I heard today on the radio.... some guy said buy and hold is a formula for disaster. I agree but I am putting some money w C and long, for a long time. Outside of that, it sounds like I am better off listening to you "Huge guys" and doing stuff short term? Like I said before, I am here to learn and put more arrows in my quiver.

Steel my own daughter has a roth IRA which has great long term stox , and many are down .but she is only 24 and has time to burn. I do not have that luxury , so I play the market over 2 -10 days buying and selling , NOW all shorts!

[Peter Hansen]

10 Shorts For 3/5/09 Lye It Is March LOL

I am not sitting and waiting for that to happen anytime soon . The "CLOWNS" in Washington are leading US into a financial Abyss ! I find Gold and Oil to difficult to play . The speculators are jerking these commodities , and trying to play them either SHORT or LONG is sheer folly!
What the market gives , it takes away, and today seems to be another "PAYBACK DAY "
To celebrate the day and make some mad money , SHORT the following turkeys >

1. CYN SHORT
2. SLF SHORT
3. PTV SHORT
4. BOH SHORT
5. FO SHORT
6. WTW SHORT
7. AFAM SHORT
8. EXBD SHORT
9. WYNN SHORT This one is INCREDIBLE, it FALLS in UP Markets !
10. SIVB SHORT

[steelman]

Steel my own daughter has a roth IRA which has great long term stox , and many are down .but she is only 24 and has time to burn. I do not have that luxury , so I play the market over 2 -10 days buying and selling , NOW all shorts!

That's great about your daughter. My wife and I (I'm 36) have had our Roth's (funded w/ mutual funds) for about 10 years and we started them out with $50 a month each. We have been fortunate enough to just about max each of them the last couple of years. We have also opened 529's for both our children after they were born that we consistently add to as well. We will continue buying into these for 25-30 more years.

Now, I am excited to buy, sell and learn about individual stocks with everyone here with a LITTLE extra money I made. Like I said before, need to start somewhere.

[steelman]

Peter, SKF is currently at $248. Up around 40% since you listed it yesterday. WOW. I wish I would have come across you guys a few months earlier. I had bought $1000 each in the 5 dogs of the dow, at the time (C, BAC, AA, GE, PFE)

[Peter Hansen]

Steel

Peter, SKF is currently at $248. Up around 40% since you listed it yesterday. WOW. I wish I would have come across you guys a few months earlier. I had bought $1000 each in the 5 dogs of the dow, at the time (C, BAC, AA, GE, PFE)

Steel I am no genius .....but I do have common sense and realize what is happening all around me . Unfortunately with all the bad news flowing from the media , It will be difficult for stocks to forge ahead!
The media must be MORE positive, and only then will people gain confidence and the markets will once again turn around and head higher!

[Peter Hansen]

11 For 3/6/09

Well the jobs numbers will be out at 8:30 AM , so today the markets are a toss up . The stocks listed below should bring you profits within a 2 -10 day period.
I can in good conscience give you only ONE long position , which is SXCI , and the rest are ALL SHORT.
The clowns in Washington are spending money like drunken sailors on crack ......unbelievable. The stocks below are a good mixed bag pulled from different industries. Well we shall see what happens. Good luck God Bless and have a profitable, beautiful weekend!

1. SXCI LONG
2. PVA SHORT
3. MTX SHORT
4. FDX SHORT
5. EMN SHORT
6. AXP SHORT
7. SIVB SHORT
8. COHR SHORT
9. WYNN SHORT
10. KMB SHORT
11. OSG SHORT

[Peter Hansen]

8.1% Unemployment WOW

Boys and girls get those shorts in early , SANTA has come to town . Thank GOD there is no UPTICK rule . Dont worry OBAMA won't reinstate it , WALL STREET gave millions to his election campaign, and he owes them BIGTIME!

[Peter Hansen]

Results Of Porfolio 3/2/-3/6/09

Here are the results of that SHORT Portfolio I Posted on Monday .

/2-3/6/09 MY SHT PORT
Value: Gain/Loss [Since Purchase]: Gain/Loss [Today]:
21,061.80 -3,934.67 -15.74% -506.44 -2.35%
Symbol Shares Last/NAV Net Change Pur. Price Gain/Loss Value
ABCO 167.5603 14.24 0.20 14.92 -113.94 2,386.06
EMN 121.7137 18.26 0.26 20.54 -277.51 2,222.49
EQR 142.0455 17.09 0.38 17.60 -72.44 2,427.56
GMT 136.8363 14.70 -0.43 18.27 -488.51 2,011.49
MTX 83.5561 26.76 -0.12 29.92 -264.04 2,235.96
PVA 180.5054 9.98 -1.53 13.85 -698.56 1,801.44
RGA 91.9118 22.40 -0.91 27.20 -441.18 2,058.82
TMK 121.3592 17.06 -0.05 20.60 -429.61 2,070.39
TUP 176.3047 11.40 -0.48 14.16 -486.60 2,009.87
WYNN 119.3317 15.40 -0.89 20.95 -662.29 1,837.71
Last Updated: 6:50 PM on 03/06/09

NOTICE THE NEGATIVE $3,934.67 or -15.47% Remember since this porfolio was SHORT .....this means U made $3934 or 15.47% on an initial investment of 25,000. Not bad considering the LOSS you would have had .....had you gone long!

[Peter Hansen]

My shorts 3/9-3/13/09

Below are 10 SHORTS For Monday 3/9 . $2500 was placed into each stock within a hypothetical portfolio set up on AOL. I recommend listening to
Bloomberg Radio or Bloomberg on the net to determine how World Markets and Futures are trending . If both are down, probability is that US markets will open LOWER. IF all are RISING be wary ......perhaps wait to later in the day to take your SHORT Positions . GOOD LUCK TO ALL




MYSHORTS 3/9-3/1309
Value: Gain/Loss [Since Purchase]: Gain/Loss [Today]:
24,999.99 0.00 0.00% 0.00 0.00%
Symbol Shares Last/NAV Net Change Pur. Price Gain/Loss Value
AXP 243.6647 10.26 -0.07 10.26 0.00 2,500.00
CSX 115.7943 21.59 -0.85 21.59 0.00 2,500.00
FDX 69.9105 35.76 -3.24 35.76 0.00 2,500.00
FO 131.096 19.07 -1.13 19.07 0.00 2,500.00
GMT 170.068 14.70 -0.43 14.70 0.00 2,500.00
MTW 1,033.0578 2.42 -0.05 2.42 0.00 2,500.00
PVA 250.5 9.98 -1.53 9.98 0.00 2,499.99
SIVB 207.2968 12.06 0.02 12.06 0.00 2,500.00
SPG 95.4563 26.19 -1.57 26.19 0.00 2,500.00
TCO 184.3658 13.56 -0.27 13.56 0.00 2,500.00
Last Updated: 7:56 PM on 03/08/09