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THE
WARREN BUFFETT HOLDINGS NEWSLETTER
The WARREN BUFFETT HOLDINGS
NEWSLETTER
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 investment
system created by its Editor and Publisher, Peter Bruno. Mr. Bruno
updates each monthly issue prior to the last day of the previous month.
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 Early Warning cycle
anticipates by a few trading days, the Short Term Cycle turning Up or
Down. The ideal buy point is when a new early warning and short
term buy 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
Volume 3 Number 10
AUGUST ISSUE - 2009
We should have offered a
complimentary issue of this newsletter one week sooner as most of the issues
tracked within this portfolio have moved up quickly with the sharp rally we
have had since Dow 8,000.
The Stock Market:
The stock market, as measured by the Dow Jones Industrial average broke
convincingly out of its early July trading range between 8,000 and 8,500 as
shown in the following chart. Our major support area of Dow 8,000 back
then did not come close to being violated with two downside tests reaching
well above this level.
We have continued to guide our clients, listeners and subscribers from
levels below Dow 6500 to the markets current high tick at 9,300.00. This
guidance included our minimum upside forecast to at least the Dow
8,500 area and once achieved, we have provided major market support levels
that if violated would generate a sell action alert. These recent
support levels included 8,315, 8,450, 8,573 and today is currently at Dow
8,700. This means that as long as the Dow remains above 8,700, which
it currently is in the 9,200 area, the market trend is still up.
And will remain up provided the market does not cross below our levels of
key support.
The best way to participate in today's stock market is to either sell
into any additional market strength or monitor positions with the Trailing
Price Floor discipline we speak about on our radio program. We are now
entering the time period in this third quarter and perhaps a heightened risk
seasonal period of time. Last year, during this same time period, the
financial markets were setting us up for its worst performance year ever.
Even Warren Buffett, who has the reputation of the "best investor in the
world" was down 31.8% while the Dow was down 31.3% followed by the S&P 500
down 36.1% and the NASDAQ down over 40%. A good question to ask ourselves is
can your equity portfolios or even better, our own risk tolerance and emotional level,
go through that down market performance again?
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.
Copyright 2009 - Wall Street
Money Letter Corp.
The Wall Street Money Center
Boca Raton Corporate Office:
2385 Executive Center Drive, Suite 100
Boca Raton, Florida 33431
561-962-2850
Fax: 561-962-2710
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.
For
more than thirteen years, Peter Bruno has hosted his very popular
“Managing your Money” radio program, on
Money Talk radio stations.