Hello everyone,

As ProphetAlerts.com subscribers know, I have been predicting a sharp market rally for some time now.  On April 12th, 2010 I sent the following annotated chart to my Twitter followers:



















What I essetially indicated here is that the market was about to hit some MAJOR resistance at the 200 day Moving Average (purple line on above chart).  Simply put, it would be very difficult to see an extremely overbought market push through this strong resistance.

I send nightly video watchlist’s of stocks to subscribers with new trading setups and reviews of stocks from the previous night.  On the night of April 15th, I also reviewed the Dow Jones Industrial Average’s ($INDU) weekly chart and essentially said “this is the top”.  After watching the trading session from April 12th through April 15th, I felt very uneasy about what I was witnessing.  I even recommended in our chatroom to short AAPL’s stock as it neared $250 per share.  I truly felt that this market has moved much too far itself, completely detaching itself from reality.  There was essentially no real reason for a market rally in February.. especially one that has lasted this long.

What I have noticed in this market is very unsettling.  The media essentially reacts to the market’s movements by issuing news claiming the reason of that days trading session.  Notably this year, the Greece debt woes.  If the market is up that day, it is because of the potential Greece recovery, if it is down that day it is because a bailout plan may occur in Greece.  Say what you want, but this and last years market rally was nothing more than a technical rally with news to assist the trend.  Fundamentals were completely thrown out the window, and only speculation was used as a forward-looking statement, if you will, to fuel the market rally.

This brings me to another topic.  My market comparison to a garbage promoted OTC stock.

As you know, I have successfully called the tops on ALME, MSEH, and the latest promotional stock, AMOK. What do all of these stocks have in common?

1) Inflated market caps compared to their actual fundamental earnings

2) Media and press with ‘forward-looking’ statements indicating “potential” revenue and “possible” business deals and future success

3) Controlled technical uptrending charts

4) Promotions and advertisement, usually paid, in order to generate volume in the stock so insiders or shareholders can sell

5) Excuses when stock takes a hit due to insider or promotional selling

Look at the following charts for ALME and MSEH:

These charts obviously are very strange looking.  But imaging if you were in these stocks during the climb, you almost start to think that they would never pull back and that they were going to keep going up forever.  As we all know, stocks do not go up forever.  Watching stocks like ALME and MSEH climb on complete fluff press releases, horrible financials, paid advertising, and downright disturbing SEC filings.  This is how I have felt with this entire market rally these year.  The bulls are cheerleading as if they were in the latest penny stock and all it does it move up each and every day.  Bears are losing money because although they know whats going on, price action dictates otherwise and they lose money.  In the stock market, what seems real and true often is not.. common sense is thrown out the window and laughed at.  Who cares about foreclosures and unemployment numbers as long as Joe CEO’s stock options are maturing and making his millions back from the market crash.

This brings me to the Dow Jones chart:

Does this chart pattern look familiar?  The stock market is essentially one gigantic “Pump and Dump” which is apparent by even the latest Goldman Sach’s fraud charges by the SEC.  Have we been all pumped and dumped by Goldman Sach’s similar to a crappy pennystock, but in a much larger scale?

I think so.  Lets outline the comparisons to promoted stocks for this past year’s market rally below:

1) Market caps inflating at an incredible pace, with some trading with huge P/E ratios (see AMZN).  Many companys are losing EPS while the market still rally’s their stock on pure speculation

2) Media using forward-looking statements looking ahead to “possible” recovery, yet fundamentals are still horrible.  Speculation horrible companies will do well again has rallied some stocks 1000% on the same fundamentals we had pre-market crash (Casino stocks such as MGM, LVS, WYNN, etc  are a great example)

3) Promotions and advertisements.  Ever see a CEO speak on Jim Cramer’s Mad Money?  See random tickers flying across the screen on CNBC?  The recent Citigroup pushing on CNBC?  Media saying that this is a great time to buy stock and invest.. etc.

4) Excuses when market has a bad day or pulls back.  “Greece debt worries” … “Alcoa earnings dissapoint” etc.

Whatever it is, I am more of a technical trader than a fundamental investor, simply because what we read and see I believe is complete crap.  The charts don’t lie, and fundamentalists can talk all the smack on the technicals that they want, at the end of the day we have had the biggest market rally during the worst recession since the 1920’s on downright scary fundamentals.  Price action of the market has been completely out of sync with reality. 

I truly believe that the Goldman Sach’s SEC fraud charges were correlated and timed perfectly to be issued right at the key market resistance area (Dow 11,133) and on a Friday so people can absorb this over the weekend and possibly reverse this trend.  Why have we been seeing unusual call option activity on TZA and FAZ this whole week? This was a perfectly timed bull trap this week in my opinion.

The market is one big manipulated pool of frauds and con-artists.  We simply ride in the wake of the big fish, and hope we can shake a few coins from their pockets and make money.  This is why I am a technical trader, not an investor.

Watch my video below, this is an excerpt from Thursday night’s video watchlist (April 15th) that was sent to subscribers:

if you cannot view this video, click here: http://www.youtube.com/watch?v=m9AKBu5ph-M

Cant wait to see what happens next week.

-Kris @ ProphetAlerts

Hey everyone,

Slowly but surely reviews are trickling in for ProphetAlerts.  We have had nothing but rave reviews so far, so read them for yourself here:

http://investimonials.com/newsletters/reviews-prophet-alerts.aspx

Thank you everyone who has reviewed our service, I am looking forward to making 2010 a great year of profits and continuing to provide the best stock trading alerts and education!

-Kris
ProphetAlerts.com Staff

Hey everyone,

I would like to set the record straight (no pun intended) with this trading service and my abilities as a trader itself. 

There is no secret here.  No surprises, no scam, no hidden agenda… nothing.  I am a guy here running a service that I started a couple of months ago, teaching various strategies I have learned over the years.  I have learned techniques that I utilize on a daily basis including stock ’scalping’, swing trading, investing, and shorting.  Some techniques and strategies I learned myself through experience and dedication, others I have learned from other traders and have added it to my skill set to further my abilities and increase the opportunities I can make money from.

I have noticed that my lack in confidence is affecting my otherwise great picks.  Now that I am trading knowing many people are following me, I am starting to feel the pressure and stress of others relying on me.  It’s something I am truly trying to get over, and it has affected not only my personal trading profits, but the results of those trades as well.  Normally if I was trading a stock on my own, I would hold out for the goal I have.  Now that I have an official performance tracking spreadsheet, I feel as if I need to close some positions out early just to show a positive gain.  This is counter-productive, as many of my picks have gone on to make even bigger gains.

I am going to work on this and try to build my confidence up to allow myself to let these picks to mature, or ‘ripen’, as I am not fully realizing the maximum gains in which I see when I present them to you.

I will give you examples, using this weeks real time alerts and watch list buy triggers:  (You can also see my spreadsheet here: http://spreadsheets.google.com/pub?key=t41-JV7oTPi3sfbttVT_ILg&gid=4)

04/05/10:  PIR (Watchlist) BUY trigger $7.10, SELL trigger $7.45 (4.93% Gain) – Hit a high of $8.78 today for a gain of 23.66% since the buy trigger

04/06/10: JMBA (Real-time alert) Bought at $2.89 (saying I was looking for a breakout over $3.00), sold at $2.90 for a gain of 0.35% – hit a high of $3.19 today for a gain of 10.38% today.  Did mention in chat several times to subscribers it is a great swing trade over $3.00 which a few are still holding this.

04/06/10: EK (Real-time alert) Bought at $6.92 (said I was looking for a breakout over $7.00) sold at $6.92 for a break even trade – Hit a high of $7.75 yesterday (4/8/10) for a gain of 12% since my alert

04/07/10: NENG (Watchlist) BUY trigger at $2.27 (recommended as a swing trade) hit $2.50 SELL trigger today (making a high of $2.54) for a gain of 10.13% today

04/07/10: ALME (Real-time alert) Shorted avg price of $2.46 (Because volume faded and shares were available everywhere) covered WAY too soon yesterday at $2.38 for a gain of 3.2%.  Today, ALME completely collapsed like I predicted this whole week, closing at $1.95 for a maximum gain of 20.7%

04/08/10: CHRS (Watchlist) BUY trigger at $5.20 (recommended as a swing trade to $5.50+), emailed subscribers to lock in profits at $5.31 yesterday.  Hit a high of $5.76 today (using my Oversold Reversal Spike strategy) making it a gain of 10.7% since the buy trigger.

04/08/10: PALM (Watchlist) BUY trigger at $4.75, hit stop trigger at $4.62 because stock gapped and died at the beginning of the day.. mentioned I was looking for $5.15+.  Recorded as a loss, but today it hit $5.29 for a gain of 11.3% since my buy trigger.  A subscriber (tjlamb) didn’t stop out yesterday, held, and made nice money today.  Great job… !!

04/08/10: PIR (Real-time alert) Bought at $8.01 (mentioned I liked the breakout over $8.00) and sold at $8.10 for a 1.12% gain.  Hit a high of $8.78 for a gain of 9.6% from this alert.

Why am I showing you these results?  Because it is showing that I am a better stock picker than a trader.  I am not a #1 ranked trader, nor do I really care if I am.  Does it truly matter how much I am making if you guys aren’t learning and making profits yourself?  My goal, and the reason I started ProphetAlerts.com, is to get paid to teach people how to avoid taking huge losses and to improve their trading skills.  I truly care more about your gains than what I am personally making, as I am already profiting from membership fees here.  As I continue to get more comfortable with this service, my trading capabilities and profits will naturally come back, better than ever.

I would like to see more testimonials about how much money you guys are making- and losing.  I would like some of these results to be posted on our Investimonials.com review page.  Lets continue to make money and improve our trading skills as a Team… not as an individual.  I am here to make you money, not inflate my ego and boost my popularity on a personal level.  My trades people are realizing is not the ‘bread and butter’ of the service- but rather my stock picks themselves. I think this is what will make ProphetAlerts.com more popular, rather than myself.

Many times the best traders out there show these huge gains.  But when you actually trade their strategy you can never duplicate their success exactly by following their trades.. this service I feel is the opposite of that… many members are actually doing BETTER than me because many of my picks do well in the long term.  Remember YRCW’s buy trigger at $.36 a month or so ago when i said it was an Oversold Reversal play?  Well… look at it now.  Hit almost $.70 today.  But the strategy is the buy and sell triggers, and I am selling too early.  This is something I am trying hard to improve on… but always remember, no one went broke taking a profit!

Lets continue to grow as a community, as a team- and kick some ass in the this crazy market- one stock at a time.

Have a great weekend, and look for my video watch list on Sunday night.

Kris
ProphetAlerts.com Staff

In last night’s video watch list, which I send to all ProphetAlerts.com subscribers nightly, I went over the potential ZLC trade and to look for a break over $3.00, notably $3.04.  Although this trade gapped over the buy trigger, the set up was perfect and did exactly what I thought it would do.

ZLC broke the buy trigger at $3.04, and proceeded to move to a high of $3.66 today for a potential gain of 20.3%.  Although I teach to not buy the stock during the first 15 minutes of the day, some subscribers did anyway and made some nice profits.  I cannot officially record this as a watchlist winner, however, because it voided my own rules of not buying a gap over the buy trigger in the first 15 minutes of the trading session.

In any event, ZLC held the support trend line I had drawn a couple of weeks ago on our last successful ZLC trade and reversed nicely.

Mark this down as another (unofficial) win for ProphetAlerts.com subscribers!

Here is an excerpt of the ZLC trade setup from last night’s video watchlist:

Hey Everyone,

Here it is, April 1st.  The start of a brand new month.  A breath of fresh air, a clean slate… call it what you will, I am just glad to have broken this three day losing streak.  After 2 solid months of amazing potential gains (if you were to play each watchlist setup and real time trade), I am very happy to be back on track and starting April with a bang!  What a great day, there were so many setups that looked good. 

In last night’s video watchlist, I also mentioned PIR (Pier One Imports) could reverse, which it did.  I did not have a specific Buy or Sell trigger price, but that is fine, as we did well with the other setups.  My subscribers have come to know the strategy quite well, and that includes some critical rules.  One of which is to NEVER chase a buy trigger, especially if it gaps.  The other key rule is to NEVER buy the triggers during the first 15 minutes of the market open.  This is where people get thrashed and lose a lot of money.  The market is wayyy too volatile to be predicting a move here- if the trigger is hit in the first 15 minutes of the market, the trade is VOID unless it can come below the trigger and hit later in the day.  No exceptions.

As you know, my first trade of the day was SNSS .  This setup actually had a buy trigger of $.90 last night, but it gapped well over this and opened around $.94 or so.  I waited a bit, and actually broke my own rules and bought at $.938… stupid trade on my part, I need to practice what I preach sometimes.  I was stopped out at $.925 because I like to cut losses quickly, for a 1.39% loss.

From there, I immediately saw my opportunity in FIG today.  In last night’s video watchlist, I detailed why FIG was a stellar buy at the $4.00 ranges.  In fact, I featured FIG in a video last week with a $4.00 target as place to start a position.  You will see in the chart below, I bought FIG at $4.01 and took profits early at $4.14 because of the long weekend.  I initially recommended FIG as a swing trade, which I still feel is a great swing trade here, but I lock in profits quick just to play it safe.  Longer term swing traders may wish to ride it further, either way, a profit is a profit.

How the real time alert in FIG worked out today:

As you can see, it was a slow and boring trade, which I did tell subscribers it would be more of a 1-2 hold or a swing trade.  It still looks good here, but I locked in my predictable profitsate afternoon strength.

Another real time alert today was SRGL – Source Gold.  This has been on the nightly video watchlists for the past two nights as a potential stocks I feel would collapse soon.  The strategy behind this is simple- this was a recently promoted stock, and I felt a collapse was imminent.. just like MSEH.  Luckily I found shares to short at Interactive Brokers… which was surprising because my trading platform did not give me the solid green light indicating shares were available, so I place the limit order for 3,500 shares to sell at $1.70.  About 15 minutes later, 1500 shares of my order were executed at $1.72 per share.  The best posible short entry was $1.75 after my alert as the stock bounced a little today.  I ended up covered at $1.37, although the day low was actually $1.26.  I am glad I covered there, because the stock actually bounced back pretty quickly.  All in all, it was a nice predictable profit… this is not a strategy I developed, but simply strategy I learned from Tim Sykes.  This short strategy is a perfect compliment to my scalp/swing strategy, so these are setups you should expect from me in the future.

Here is a chart of how the SRGL scalp went down today (pun intended):

On last night’s watch list I outlined the reasons I believed HEK would be a good swing play at $5.90.  As you can see from the chart below, this was a great example of the buy triggers and why it is important to wait for the trade to play out before entering it.  Currently, we have a sell target of $6.15-$6.25, but many subscribers already locked in a gain at the end of the day in order to lock in profits before the long Easter weekend.

Here is the chart for my failed SNSS trade today, as you can see, I took my losses quick in order to focus on better trades.  My strategy is to cut losses quick, and focus on much better trades.  The big picture here is “small losses, much bigger gains” which is the only true method to use when trading stocks. 

Have a great weekend.  The market is closed tomorrow for Good Friday.  I hope this is just the beginning of what is to come this April, let’s make this another great month! 

Please see the YouTube video for last night’s setups:  http://www.youtube.com/watch?v=p2GtqhlZ7oU

Regards,

Kris
ProphetAlerts.com Staff

Hello everyone,

Please feel free to join our Facebook Fan Page we just started here:

http://www.facebook.com/pages/ProphetAlertscom/106167849414371

Also, if you aren’t already doing so, please follow my tweets on Twitter where I give frequent updates:

http://www.twitter.com/ProphetAlerts

Please also remember to try our BRAND NEW live chat room!  Today ABIO was picked up off the scanner and alerted in chat at $4.50 per share, 1 hour before it made a 100% gain and blasted past $9.00 per share!  For the people who are actively trading, the chat room will be a great place to interact with other members and get even more bang for your buck with more alerts. 

This past week some notable Watchlist Winners included:

QTWW (7.6% gain with Buy/Sell trigger)
BWEN (4.6% with Buy/Sell Trigger)
FEED (2.7% Real Time Alert)
YRCW (17.3% from Buy/Sell Trigger)
LGF (3.82% with Buy/Sell trigger)

We are constantly striving to improve this service, feedback is welcome and reviews are appreciated at Investimonials.com !!

We are currently ranked #1 newsletter on Investimonials.com out of 492 other letters!  Please contribute your experience and read other reviews here:

http://investimonials.com/newsletters/reviews-prophet-alerts.aspx

We thank you for the awesome reviews so far, keep them coming!  Have a great weekend and look for this week’s video watchlist on Sunday, as always!

Thanks,

Kris
ProphetAlerts.com Staff

**UPDATED – YRCW HITS .55 TODAY, 17.3% FROM .46 BUY TRIGGER FROM THIS VIDEO WATCHLIST**

Hey everyone,

As ProphetAlert’s subscribers know, members were long BWEN yesterday from $4.19, ES from $6.15, SAY from $5.35.. although we got stopped out from SAY (for a 1.6% loss), BWEN and ES continued their breakouts!!

FEED was a real time buy alert, although not actually placed right at the buy trigger, I watched how the stock traded and saw a lot of support on Level 2 and the fact it was a tripple bottom chart pattern that had a previous history of reversing from these levels.

A real time buy alert was sent via Email/SMS/IM today to buy FEED at $4.38 after I purchased 3500 shares at $4.38.  We are still long this position and I feel it can move up higher from here- I am not a big fan of holding positions overnight, but FEED from a technical standpoint is setting up very nice!

In this video, which was last night’s video watchlist sent to subscribers (as we send out every night with detailed Buy/Sell/Stop triggers) you will see our BWEN, ES, and FEED setups along with talking about other stocks that may or may not have hit there buy trigger.

This video is a great example of what you receive with our membership… we also just added a LIVE CHATROOM to the site as a bonus feature… come join us!

If you would like to skip to certain stocks, look below:

BWEN: Beginning
ES: 2:37
FEED: 15:11
YRCW: 13:39

Last night’s video watchlist:

As you all probably know, NXTH is a known promoted stock that makes strange moves.. including moving up in a very controlled fashion for multiple days.

Tim Sykes made me aware of this stock a while ago when it moved up to over $3.00 per share, and it tanked hardcore.  He was able to short it at the top moments before it collapsed.  I have to admit, I am not as good as him at shorting short- mostly because I am never able to find shares to short.

What I am good at – is predicting breakouts and riding the momentum up, and scalping penny stocks.  These momentum plays are generally easier for me to play myself- and generally more people are able to participate in this huge moves before the massive dumps.

For this reason, I analyzed NXTH in last night’s video watch list that was sent to subscribers, and noticed that the stock was looking bullish again and could break out- as there was little resistence above.

You will see I detailed the BUY / SELL / and STOP trigger prices almost perfect.  I did send an Email/SMS/IM message out this morning that I attempted to buy 15K shares at $.78, but my broker, Interactive Brokers, would not fill my order.  I suggested it was looking good and could breakout. 

Later in the day, NXTH made a high of $.91 and I sent another alert for subscribers to take their 16.6% profits.. another eassssy predictable move!  Congratulations subscribers.

In this video I detail the Buy/Sell/Stop triggers that was in last night’s video and recap how the trade played out.

Hey everyone,

Last night ARNA was on the video watchlist (sent to subscribers nightly) with the following information:

BUY trigger: $3.08
SELL trigger: $3.25-3.35 (+5.5%-8.7%)
STOP trigger: $3.00

So far ARNA has made a high of $3.27 (as of this blog post), hitting the targets perfectly!

Below is an excerpt of last night’s video watchlist (4 stocks were given, only ARNA hit trigger today).  Easy money!

ZQK was on last night’s video watchlist (sent to subscribers nightly).  The recommended Buy entry at $4.07 was met, and after that volume and momentum exploded, easily surpassing the first Sell trigger at $4.35 and making a high of $4.57.

In this video (an excerpt of the full, 19 minute video sent to subscribers tonight) I explain how I set the ZQK trade up and how it was played.  I explain how we play penny stocks with a Risk/Reward system, limiting your losses and allowing for a much higher potential profit.