New York (iBC)— Stocks had their heads egregiously chopped off on Tuesday. This came after Monday’s “paaahhhtaaay on” like it’s 1999 rally. How stupid and gay is THAT?
The Costanza Watchlist has now grown to 18 stocks. I’m sure there are more than this, but I don’t have the time nor the inclination to give out so many money making ideas to the average Joe trading with a “one comma, four figure” account.
Just be cognizant that Jeremy, the glorious IT / hacker guy, has your IP address. So expect a bill for a “hedge fund-like” 20% of the profits you make from these ideas, in some official looking email.
Arch Coal, Inc. [[ACI]] , American Superconductor Corporation [[AMSC]] , Alpha Natural Resources, Inc. [[ANR]] , AU Optronics Corp. (ADR) [[AUO]] , CF Industries Holdings, Inc. [[CF]] , CONSOL Energy Inc. [[CNX]] , DryShips Inc. [[DRYS]] , Eni S.p.A. (ADR) [[E]] , Energy Conversion Devices, Inc. [[ENER]] , Flowserve Corporation [[FLS]] , GMX Resources Inc. [[GMXR]] , Joy Global Inc. [[JOYG]] , KBR, Inc. [[KBR]] , [[KOL]] , Massey Energy Company [[MEE]] , National-Oilwell Varco, Inc. [[NOV]] , Patriot Coal Corporation [[PCX]] , and [[TRF]] .
Pull up the charts and look at the beating they’re taken. These stocks are so ugly, they’ve been locked in the trunk of an abandoned Ford Taurus down by the river. Nobody wants them—-which is why they make the “Costanza Watchlist”. Do the opposite. Want them. Desire them. Make sense?
Keep these on your radar, and play them for a bounce. (Hint: Go to www.stockcharts.com, pull up the P&F charts, type in the symbol for each, and observe. Then look to buy them when you see a 3-box reversal off the bottom, i.e., 3 X’s in the furthest column to the right). Sheesh, I even tell you how to make money on these.
Should you decide to ignore these names (to avoid having to pay me 20% of the profits), that’s fine. You’ll just be gut-punching yourself with regret, that’s all.
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