The VRTrader.com VR Platinum Newsletter Friday 7/8/05
"Tools for the High Performance Trader"
Copyright © 2005, All rights reserved.
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PORTFOLIO UPDATE | by Mark Leibovit
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VR Platinum Portfolio Update
Friday, July 08, 2005
Pre-Market
New Buy/Short
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IBB - Buy @ 69.55-69.65. Target: 75.00. Stop: 69.00
New Cancels
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BLDP - Cancelled
BLDP - Note: Cancel. Long entry way away from market.
GT - Cancelled
GT - Note: Missed long entry by 10 cents. Cancel trade and stand aside
for now.
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LEIBOVIT FILES | by Mark Leibovit
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Leibovit Files
Friday, July 08, 2005
Opening Comments
While financial commentators gleefully reported yesterday's stock market
recovery, we take exception.
The stock market again displayed its inhumanity yesterday when it chose
rally in the face of tragedy. Is the stock market macabre? But then
again, who ever claimed the stock market was ever compassionate? The
stock market loves war, rallies into natural disasters and is even
unpatriotic, relishing in the face of a declining Dollar. Michael
Savage's brilliant book 'Liberalism is a Mental Disorder' may
appropriately be applied to the stock market in our humble opinion.
Meanwhile, we can also beg the question is the Plunge Protection Team,
courtesy of Alan Greenspan, out there doing its dirty work, i.e.,
supporting the markets at critical moments? Or, throwing any conspiracy
or cynicism asise, is the market simply climbing that proverbial 'Wall of
Worry' made famous by the great market guru, Joe Granville, who made his
mark in the 1970s and 1980s?
Should the unspeakable occur and similar terrorist acts begin to hit the
United States, how then will the market respond? More than likely not as
well and more than likely the economy will take another nosedive as it did
after 9/11, but greed might prevail over reason and stocks may still
attempt to rally. We are reminded of an account we once read of the
moments just prior to the Bolsheviks entering the Moscow Stock Exchange
during the Russian Revolution. Apparently, in desperate hope that the
Bolsheviks would not succeed, stocks rallied sharply just as the
Bolsheviks crash through the Exchange's doors at which point they promptly
shot everyone in sight.
Our near-term target of 1235 in the S&P 500 cash remains viable so long as
the 1180 holds which it did beautifully today.
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Check out the current VR List:
[Available to subscribers]
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LONGS
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PTF - Petrofund Energy Trust 14.62
COMPANY PROFILE:
WHY WE LIKE IT:
This is a Canadian trust that pays out well on dividends. It averaged
about a .12/share monthly dividend in 2004. It has bounced sharply higher
after finding support at its 200 day moving average.
Petrofund Energy Trust (formerly NCE Petrofund) is an open-ended
investment trust whose primary source of income is from 99% net royalty
interests granted by its two wholly owned subsidiaries, PC and PVT
(formerly Ultima Ventures Trust). PC acquires, manages and disposes of
petroleum and natural gas rights and royalties and related property rights
and interests located primarily in western Canada. PC also holds the legal
interest to all properties beneficially owned by PVT. PVT receives 99% of
the net revenue from these properties, which it in turn pays out to
Petrofund in the form of the 99% net royalty noted above. In addition, PC
may acquire royalties or other property interests or securities of other
resource issuers. The Trust may also purchase directly or indirectly
securities of oil and gas companies, oil and gas properties and other
related assets. On June 16, 2004, PC acquired Ultima.
POTENTIAL TRIGGER:
Buy at market with a stop below the March 30 low at 13.40. This is one
that could provide good income AND price appreciation.
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DPII - Discovery Partners International 3.00
COMPANY PROFILE:
WHY WE LIKE IT:
DPII put in a bullish outside day on June 2 with high volume after a
prolonged decline. We are looking for a solid move to the upside here.
There are bullish divergences on momentum indicators also.
Discovery Partners International, Inc. (DPII) engages in the development
and provision of libraries of drug-like compounds, instruments, consumable
supplies, drug discovery services, computational tools to generate
compound libraries, and testing and screening services for various drugs.
It offers instruments and consumables that automate the process of making
and storing collections, or libraries of chemical compounds; and chemistry
services, that include compounds, medical chemistry, drug discovery
informatics, and compound repository services. DPI also provides screening
services. In addition, the company designs and conducts assays or tests
that generate information about the effect of chemical compounds on a drug
target. DPI sells its products and services to pharmaceutical and
biopharmaceutical companies in the United States, Europe, Japan, and
India. The company was founded as IRORI in 1995 and changed its name to
Discovery Partners International, Inc. in 1998. Discovery Partners
International is headquartered in San Diego, California.
POTENTIAL TRIGGER:
Buy at market with a stop below the June 2 low of 2.81. Target $4.00.
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ALDN - Aladdin Knowledge Systems 21.46
COMPANY PROFILE:
WHY WE LIKE IT:
With the repeated announcements of credit card information theft from
companies charged with protecting our information, we took a look at
the most promising companies that might be contracted if the data storage
companies sought outside electronic security help. Aladdin Knowledge
Systems has a bullish looking chart formation and has been consolidating
at a high level for the past seven months. We are expecting a breakout
and this one should provide a handsome return over the long term. ALDN
gapped down March 20 but recovered nicely on high volume in what looks
like a shakeout move.
Aladdin Knowledge Systems, Ltd. provides solutions for software digital
rights management and Internet security. Its products include the
universal serial bus-based eToken device for user authentication and<BR>
e-commerce security; eSafe, a line of integrated content security
solutions that protect networks against malicious, inappropriate, and
nonproductive Internet-borne content; and HASP (hardware against software
privacy), HASP DocSeal, and Hardlock that includes both software and
hardware to protect its customers’ software against unauthorized copying
and illegal use. The company products also include Privilege, a software
licensing and protection platform that enables secure software
distribution via compact disk, electronic software distribution, or <BR>
peer-to-peer networks. It offers its products primarily to software
developers and distributors. The company markets its products primarily in
Israel, the United States, Europe, and southeast Asia. Aladdin Knowledge
Systems was founded by Jacob Margalit in 1985. The company is
headquartered in Tel Aviv, Israel.
POTENTIAL TRIGGER:
Buy at market with a stop at 13.00. We are looking for ALDN to challenge
the March 2000 high of 44.75.
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SHORTS
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Sorry, no Short Watchlist to Report
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TIMER DIGEST MARKET SIGNALS
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For Friday, July 01, 2005
STOCKS: Bullish
BONDS: Neutral
GOLD: Bullish
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CURRENT PORTFOLIO
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[Available to subscribers]
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NEW PICKS
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Based on either Bullish or Bearish technical signals and the
Volume Reversal™ methodology, these stock picks look
primed to make a move. No trading system is 100% accurate and
care should be taken to consider market conditions before
entering any trade. Not all trades are suitable for all
investors and each investor should consider their own risk
profile before making a decision.
Format:
Symbol - Company Name
Buy @ = this is the strategic range picked by the VR staff.
Target: = estimated destination of equity during life of play.
Stop: = recommended* stop loss considering equity volatility.
*stop losses should be placed according to your own risk
tolerance.
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RISK MANAGEMENT STRATEGY
When a stock declines/rallies 1 point or more from the price at
which bought or sold short, we will raise/lower stop to cost. This
will limit the potential loss on a trade. For each additional 1
point move, a further adjustment is made.
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CURRENT BULLISH STOCK PICKS
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HIET - 1/28/05 - Long @ 1.03 Target: 1.70 Stop:0.30
WEL - 2/18/05 - Long @ 1.18 Target: 1.75 Stop:0.80
AWA - 6/10/05 - Long @ 5.65 Target: 7.00 Stop:5.45
CHINA - 6/13/05 - Long @ 3.30 Target: 5.00-6.00 Stop:2.35
BHP - 6/20/05 - Long @ 26.80 Target: 31.50 Stop:26.80
BW - 6/20/05 - Long @ 14.65 Target: 18.00 Stop:13.00
LZB - 6/20/05 - Long @ 14.30 Target: 16.50 Stop:11.49
X - 6/29/05 - Long @ 35.25 Target: 38.00 Stop:35.25
GG - 6/30/05 - Long @ 16.00 Target: 18.00 Stop:15.27
KOOL - 7/5/05 - Long @ 4.35 Target: 5.10-5.25 Stop:3.05
RHAT - 7/5/05 - Buy @ 13.50-13.60 Target: 16.00 Stop:12.10
AEM - 7/6/05 - Long @ 12.57 Target: 15.00 Stop:10.75
GTW - 7/6/05 - Long @ 3.35 Target: 4.75 Stop:3.15
KGC - 7/6/05 - Long @ 6.10 Target: 7.25 Stop:4.60
SWC - 7/6/05 - Long @ 7.41 Target: 11.00 Stop:6.00
WYNN - 7/6/05 - Long @ 48.60 Target: 58.00 Stop: 47.10
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CURRENT BULLISH INDEX PICKS
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IWM - 7/5/05 - Long @ 64.72 Target: 67.00 Stop:
63.40
RTH - 7/5/05 - Long @ 97.87 Target: 100.00 Stop:
95.70
SMH - 7/5/05 - Long @ 34.28 Target: 36.00 Stop:
33.50
IBB - 7/8/05 - Buy @ 69.55-69.65 Target: 75.00 Stop:
69.00
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CURRENT BEARISH STOCK PICKS
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N/A
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CURRENT BEARISH INDEX PICKS
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TLT - 7/6/05 - Short @ 94.63 Target: 88.00-89.00 Stop:
97.01
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EXITED BULLISH STOCK PICKS FOR THE PREVIOUS 30 DAYS
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LUV - Picked(5/5/05): 15.10 Exited(6/10/05): 14.40 Result: -0.70
GLFD - Picked(5/6/05): 2.75 Exited(6/27/05): 2.30 Result: -0.45
KO - Picked(5/16/05): 43.75 Exited(6/23/05): 43.34 Result: -0.41
FBR - Picked(5/19/05): 13.47 Exited(6/23/05): 14.20 Result: 0.73
AWA - Picked(5/20/05): 5.35 Exited(6/8/05): 6.44 Result: 1.09
COMS - Picked(5/25/05): 3.45 Exited(6/8/05): 3.66 Result: 0.21
FLML - Picked(5/25/05): 18.20 Exited(6/8/05): 18.82 Result: 0.62
UIS - Picked(5/25/05): 7.24 Exited(6/8/05): 6.90 Result: -0.34
HMY - Picked(5/31/05): 7.25 Exited(6/23/05): 8.25 Result: 1.00
SIRI - Picked(6/1/05): 5.81 Exited(6/10/05): 5.81 Result: 0.00
NEM - Picked(6/2/05): 38.09 Exited(6/17/05): 40.33 Result: 2.24
PAL - Picked(6/2/05): 4.90 Exited(6/23/05): 4.90 Result: 0.00
CDE - Picked(6/10/05): 3.30 Exited(6/23/05): 3.55 Result: 0.25
BGO - Picked(6/13/05): 2.29 Exited(6/23/05): 2.40 Result: 0.11
SWC - Picked(6/13/05): 7.20 Exited(6/23/05): 7.80 Result: 0.60
WYNN - Picked(6/13/05): 53.10 Exited(6/20/05): 52.80 Result: -0.30
N - Picked(6/16/05): 39.60 Exited(6/23/05): 39.60 Result: 0.00
X - Picked(6/16/05): 40.61 Exited(6/20/05): 40.61 Result: 0.00
LLY - Picked(6/17/05): 58.52 Exited(6/23/05): 58.38 Result: -0.14
AA - Picked(6/20/05): 27.70 Exited(6/23/05): 27.70 Result: 0.00
NEM - Picked(6/20/05): 38.90 Exited(6/23/05): 39.49 Result: 0.59
TZOO - Picked(6/22/05): 33.80 Exited(6/27/05): 34.70 Result: 0.90
MU - Picked(6/23/05): 10.85 Exited(6/24/05): 10.48 Result: -0.37
KO - Picked(6/29/05): 42.86 Exited(6/30/05): 42.05 Result: -0.81
GOLD - Picked(6/30/05): 14.36 Exited(7/1/05): 13.70 Result: -0.66
PAAS - Picked(6/30/05): 15.15 Exited(7/5/05): 14.22 Result: -0.93
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EXITED BULLISH INDEX PICKS FOR THE PREVIOUS 30 DAYS
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IWD - Picked(6/28/05): 67.06 Exited(6/30/05): 66.86 Result: -0.20
IWR - Picked(6/28/05): 81.95 Exited(6/30/05): 82.36 Result: 0.41
XLF - Picked(6/28/05): 29.52 Exited(6/30/05): 29.52 Result: 0.00
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EXITED BEARISH STOCK PICKS FOR THE PREVIOUS 30 DAYS
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BRCM - Picked(5/31/05): 35.99 Exited(6/13/05): 35.26 Result: 0.73
GOOG - Picked(6/9/05): 284.72 Exited(6/14/05): 279.47 Result: 5.25
INTC - Picked(6/10/05): 27.12 Exited(6/13/05): 27.03 Result: 0.09
AAPL - Picked(6/13/05): 36.40 Exited(6/16/05): 37.92 Result: -1.52
BRCM - Picked(6/15/05): 34.66 Exited(6/16/05): 35.45 Result: -0.79
EXPD - Picked(6/23/05): 51.11 Exited(6/28/05): 49.50 Result: 1.61
CNF - Picked(6/24/05): 43.98 Exited(6/28/05): 43.80 Result: 0.18
ANN - Picked(6/30/05): 24.44 Exited(7/1/05): 23.93 Result: 0.51
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EXITED BEARISH INDEX PICKS FOR THE PREVIOUS 30 DAYS
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BBH - Picked(6/6/05): 168.95 Exited(6/9/05): 165.95 Result: 3.00
QQQQ - Picked(6/8/05): 37.88 Exited(6/13/05): 37.87 Result: 0.01
SMH - Picked(6/8/05): 34.52 Exited(6/9/05): 35.25 Result: -0.73
EFA - Picked(6/9/05): 52.18 Exited(6/15/05): 52.34 Result: -0.16
BBH - Picked(6/22/05): 169.19 Exited(6/23/05): 167.91 Result: 1.28
XLE - Picked(6/22/05): 45.10 Exited(6/23/05): 45.48 Result: -0.38
IWM - Picked(6/23/05): 63.04 Exited(6/28/05): 62.72 Result: 0.32
SPY - Picked(6/23/05): 120.17 Exited(6/28/05): 119.43 Result: 0.74
DIA - Picked(6/30/05): 103.09 Exited(7/1/05): 103.16 Result: -0.07
SPY - Picked(6/30/05): 119.33 Exited(7/1/05): 119.52 Result: -0.19
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DISCLAIMER
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This newsletter is a publication dedicated to the education
of stock traders. The newsletter is an information service
only. The information provided herein is not to be construed
as an offer to buy or sell securities of any kind. The
newsletter picks are not to be considered a recommendation
of any stock but an information resource to aid the investor
in making an informed decision regarding trading in stocks. It
is possible at this or some subsequent date, the editors and
staff of VRTrader.com may own, buy or sell securities
presented. All investors should consult a qualified professional
before trading in any security. The information provided has
been obtained from sources deemed reliable but is not
guaranteed as to accuracy or completeness. VRTrader.com
staff makes every effort to provide timely information to its
subscribers but cannot guarantee specific delivery times due to
factors beyond our control.
Copyright © 2005 VRTrader.com.
Do not duplicate or redistribute in any form without explicit permission.
About Mark Lebovit
