The
"Warren
Buffett Holdings Newsletter"
is published monthly, with
"Action Alert" buy and sell signals emailed to subscribers in between
monthly issues. This newsletter uses
a unique
cycle analysis mechanical trading system created by its Editor and Publisher, Peter Bruno.
Mr. Bruno updates each monthly issue prior to the last day of the
previous month in time for the little known end-of-the-month trading
cycle. This cycle, although not guaranteed, begins on the last trading
day of the old month and the first four trading days of the new month.
This cycle usually has an upside price bias whereas prices should be
higher by the close of the forth trading day.
The information contained herein is derived from the original or
published sources believed reliable, but its completeness and accuracy -
and that of the opinions based thereon - is not guaranteed.
Opinions expressed along with recommendations are subject to change
without notice.
The
publisher of
"Warren
Buffett Holdings Newsletter" its employees, clients or family
members from time to time, have a position in the securities
mentioned. There is no guarantee that the
"Warren
Buffett Holdings Newsletter"
its
recommendations will be profitable in
the future or that they will equal the performance of any previous
recommendations. No assignment of subscription shall be made
without the subscriber’s approval. Any reproduction or
duplication of this material in any form without prior written
permission from the Wall Street Money Letter, Inc. is strictly
forbidden. As a matter of disclosure we would like all subscribers to know that
Peter Bruno is the sole owner of a Broker/Dealer and a Registered
Investment Advisory Firm. Some of the securities recommended in this
newsletter may also be bought for his personal account or for accounts
he managers and will maintain only a long position. As a further
disclosure, Peter Bruno is the Portfolio Manager of various Private
Equity Funds that may buy, sell or own some of the same securities
being recommended in this newsletter.
How to use this
newsletter: Our most credible cycle is the Primary Cycle which
generates longer term buy and sell signals. Our Short Term Cycles
can last from a few days to a few weeks. The ideal buy point is when a
new short term cycle is generated to join an existing Primary Cycle Up
signal. Our Cycle Model Strategy will use our very short term
cycles to direct new entry buy or sell points.
WARREN BUFFETT HOLDINGS
Updated For Tuesday 06/23/2008
JULY ISSUE - 2008.
Trading Strategy and Market
Timing Update
Market Commentary:
The Dow closed down 3.8% for the week, and is now down 9.3%
since the rally peak on May 2. It's now down 10.7% for the year so far, and
has lost 16.4% since its peak last October.
The stock market, as measured by the Dow Jones Industrial
average, is close to reaching our minimum downside target price thus far as
many professionals expect the previous March lows to be tested.
We know of a longer term cycle, in all years
ending in the number 8, where lows made within the first part of a year are
not broken. This cycle has been in force for more that 100 years and a
violation of this cycle means unusual circumstances. A similar
circumstance whereas last weeks markets have already violated a multi year
trend line low going back to 1974.
This is an excellent time to be invested in value
stocks meeting the investment criteria of Warren Buffett and we are looking
forward to some new buy signals being generated from our list of Berkshire
Hathaway holdings.
" WARREN BUFFETT (BERKSHIRE HATHAWAY PORTFOLIO "
SECURITY/SYMBOL
Radio Broadcast
Codes
Primary Cycle
Short Term Cycle
Price Paid
Closing Price
Cycle Model Strategy
Ameriprise Financial
Inc (AMP)
10
D
D
-
N/A
Tracking
American Express (AXP)
2
D
D
-
N/A
Tracking
Bank of America (BAC))
13
D
D
-
N/A
Tracking
Burlington Northern (BNI)
18
UP
D
-
N/A
Tracking
Anheuser Busch (BUD)
1
UP
UP
-
60.94
S/T Overbought
Comcast Corp (CMCSK)
9
UP
D
-
N/A
Tracking
Conoco Phillips (COP)
17
UP
D
-
N/A
Tracking
Costco Wholesale
(COST)
15
UP
D
-
N/A
Tracking
Gannett Inc (GCI)
20
D
D
-
N/A
Tracking
General Electric (GE)
26
D
D
-
N/A
Tracking
GlaxoSmithKline (GSK)
21
D
UP
-
N/A
Tracking
Home Depot Inc (HD)
19
UP
D
-
N/A
Tracking
Ingersoll-Rand (IR)
24
D
D
-
N/A
Tracking
Iron Mountain Inc (IRM)
28
D
D
-
N/A
Tracking
Johnson & Johnson
(JNJ)
34
D
D
-
N/A
Tracking
Kraft Foods (KFT)
23
D
D
-
N/A
Tracking
Carmax (KMX)
36
D
D
-
N/A
Tracking
Coca Cola (KO)
16
D
D
-
N/A
Tracking
Lowes Companies (LOW)
5
UP
UP
-
21.71
Waiting To Buy
Moody's (MCO)
12
UP
D
-
N/A
Tracking
M & T Bank Corp (MTB)
22
D
D
-
N/A
Tracking
Nike Inc (NKE)
4
UP
UP
-
66.17
Waiting To Buy
Norfolk Southern Corp
(NSC)
29
UP
D
-
N/A
Tracking
Proctor & Gamble
(PG)
33
D
D
-
N/A
Tracking
Sanofi Adventis (SNY)
25
D
D
-
N/A
Tracking
Sun Trusts Banks (STI)
32
D
D
-
N/A
Tracking
Torchmark Corp (TMK)
30
D
D
-
N/A
Tracking
U S Bankcorp (USB)
14
D
D
-
N/A
Tracking
Union Pacific Corp (UNP)
11
D
D
-
N/A
Tracking
United Healthcare
(UNH)
8
D
D
-
N/A
Tracking
Union Pacific Corp (UNR)
31
UP
D
-
N/A
Tracking
United Parcel Service
(UPS)
3
D
D
-
N/A
Tracking
US Bancorp (USB)
27
D
D
-
N/A
Tracking
USG Corporation (USG)
6
D
D
-
N/A
Tracking
Wal-Mart Stores (WMT)
37
UP
D
-
N/A
Tracking
Washington Post Co (WPO)
35
D
D
-
N/A
Tracking
Wabco Holdings (WHI)
7
D
D
-
N/A
Tracking
Wells Fargo & Co
(WFC)
40
D
D
-
N/A
Tracking
Wellpoint Inc. (WLP)
38
D
D
-
N/A
Tracking
Wesco Financial (WSC)
39
UP
UP
-
395.00
Waiting To Buy
IMPORTANT DISCLAIMER:
The Wall Street Money Letter Corp. is providing this newsletter and its
information for guidance and information purposes only. The information
contained herein has been compiled from sources deemed reliable and it is
accurate to the best of our knowledge and belief. However, we cannot
guarantee as to its accuracy, completeness and validity and cannot be held
liable for any errors or omissions. All information contained herein should
be independently verified and confirmed. We do not accept any liability for
any loss or damage whatsoever caused in reliance upon such information.
Reader agrees to indemnify and hold us harmless from, and against, any
damages, costs and expenses, including any legal fees, potentially resulting
from the application of any of the information provided by this advisory.
Recommendations made in the future may or may not, equal or better the
performance of the past. The analysis, ratings and/or recommendations made
by us and/or any of our affiliates do not provide, imply, or otherwise
constitute a guarantee of performance. Past actual or simulated performance
is no guarantee of future results. Therefore, it should not be assumed that
future results will be profitable or will equal past performance, real,
indicated or implied. No guarantee is offered by us regarding the accuracy,
market predictive powers, suitability or profitability (either expressed or
implied) of any of the information provided. This newsletter has been
prepared solely for informational purposes, and is not an offer to buy or
sell or a solicitation of an offer to buy or sell any security or instrument
or to participate in any particular trading strategy. The investments and
the trading signals discussed in this newsletter may be unsuitable for
investors depending on their specific investment objectives and financial
position. The price or value of the investments to which this newsletter
relates, either directly or indirectly, may fall or rise against the
interest of investors. Any market exposure always entails the possibility of
substantial loss of equity. Reader agrees to assume all risk resulting from
the application of any of the information provided by us. Any commercial use
of this information provided by this newsletter without written permission
from the Wall Street Money Letter Corp. is strictly forbidden. Trademarks
and copyrights mentioned in this newsletter are the ownership of their
respective companies. The names of products and services presented are used
only in an educational fashion and to the benefit of the trademark and
copyright owner, with no intention of infringing on trademarks or
copyrights. The Wall Street Money Letter Corp. and/or its principals or
affiliates may purchase or sell any of the securities cited in this
newsletter.
The Wall Street Money Center
Boca Raton Corporate Office:
2385 Executive Center Drive, Suite 100
Boca Raton, Florida 33431
561-962-2850
Fax: 561-989-8569
Toll Free 1-800-592-5578
On the Air with Peter Bruno
For
more than thirteen years, Peter Bruno has hosted his very popular
“Managing your Money” radio program, on
Money Talk radio stations.
On these radio programs,
Peter also discusses his original form of research analysis that
was developed over 25 years ago and which he believes is second
to none in managing the risks we all face in dealing with today’s
increasingly volatile investment markets. If you are having difficulty
in this often wild investment climate, Peter’s qualifications
as an experienced money manager in both Bull and Bear markets can
be put to good use in often bringing positive results over the
long and shorter term.
Throughout the program, Peter shares his
more than 40 years of experience within the financial industry
which included his role as Training Director for the world’s
third largest brokerage firm and his founding of a private securities
industry training school, the Institute of Wall Street Studies.
Today, Mr. Bruno is the Chairman and CEO of a Money Management
Investment Advisory Firm, a discount Broker/Dealer Firm, and is
the publisher of investment newsletters and original investment
research.
To hear highlights from the “Managing Your Money” radio program click on the “Radio Webcasts” hyperlink on the left side of this page.
Limitation of Liability: Action
Alerts are based on original cycle analysis and proprietary research
performed for us by the Wall Street Money Letter
Corp. These alerts express our opinions and suggestions, provided only
as a supplement to your own further research and decisions. We take care
to assure accuracy of contents but accuracy is not guaranteed. Past performance
does not imply future results. Under no circumstances, including, but
not limited to negligence, shall we be liable for any special or consequential
damages that result from the use of, or the inability to use, the information
provided herein.