Wall Street Time Machine

Tomorrow's stock pages tonight.

home | performance | subscribe | risk | contact us | subscriber login

Updated Mon-Fri by 8:00PM U.S. Eastern (NYC) time

Daily Forecast

Trade
Day

Trade
Date

Closing
Price

LEAP
Type

Mon

07-07-2008

44.90

Pass

  download PDF performance report (stop back daily for updates!)

 


Forecast Notes & Instructions:
Forecasts are posted by 8:00PM U.S. Eastern time (New York City) each U.S. stock market trading day. After each forecast the date and time stamp at the top of the page will be updated. On federal holidays when the U.S. stock market is closed we will not post a forecast.

Always refresh your browser to be sure you are seeing the latest page and not an older page stored in your browser cache. (Note: in Microsoft Windows Explorer select 'View' 'Refresh' or just press the F5 key).

It is of foremost importance to remember that the research you are paying for as a subscriber is our forecast of the direction of the market as represented by the Nasdaq index, and not a guarantee of profit on any particular forecast. This might be a good time to review our
risk disclaimer.

However, our experience in extensive back testing indicates that well over 90% of all forecasts have proven profitable within 12 months' time and there is no reason to think that this performance will not persist into the future.

To trade our forecasts we recommend buying put and call options on the Nasdag index tracking stock which trades under the symbol QQQQ.

We recommend buying a minimum of one year's worth of time, which are available within a class of options called LEAPS. LEAP options are always available on the QQQQ.

Your job as a subscriber is to do two things each market day:

1. Log into this page at or after 8:00PM New York time and see if there is a forecast posted for today.

On days colored green we are going long the Nasdaq index by buying a LEAP call option on the QQQQ. On days colored red we are going short the Nasdaq index by buying a LEAP put option on the QQQQ. On days colored white we are not buying anything, although we may be closing previously purchased (open) positions that are hitting our 2% profit objective on the underlying Qs.

2. Log into your brokerage account and see if any of your open positions has hit its profit objective.

Our daily forecast model shows back tested performance seeking a 2% profit threshold on the underlying Qs.

It is possible for us to have as many as 10 positions open at any one time. Under these circumstances all of your trading capital would be utilized. If an 11th forecast were issued you could either close a position that is just barely out-of-the-money to make room for the 10th trade, or wait until an open position closed profitably, thereby freeing up the capital to take the next forecast.

WARNING!... THE LAWYERS MADE US SAY THIS!
There is risk in all forms of trading and investing. Even lottery tickets and church bingo. Things could go horribly wrong at any moment, and you could lose everything.
Well, not likely. Especially if you're using prudent position sizing. And intelligent risk management.  Nonetheless, we are obliged to insist that,  before you even think about subscribing you be sure to...

 

Read this disclaimer carefully...

 

THIS SERVICE IS PROVIDED BY THE INSTITUTE OF HIGHER EARNING OF MILFORD, NEW HAMPSHIRE, USA. NO GUARANTEE OR OTHER REPRESENTATION IS BEING MADE THAT WALLSTREETTIMEMACHINE.COM FORECASTS ARE BEING TRADED IN A LIVE ACCOUNT, NOR THAT THEY WILL GENERATE SUBSCRIBER A PROFIT. TRADING INVOLVES SUBSTANTIAL RISK. TRADE ONLY WITH FUNDS YOU CAN AFFORD TO LOSE AND LIVE COMFORTABLY WITHOUT. SUBSCRIBER AGREES TO ACCEPT FULL RESPONSIBILITY FOR THE OUTCOME OF ANY AND ALL FORECASTS UPON WHICH S/HE MAY CHOOSE TO ACT. RESULTS SHOWN IGNORE TRADING COMMISSIONS AND HYPOTHECATE AN OPTIONS RETURN THAT IS A MULTIPLE OF THE UNDERLYING INSTRUMENT (QQQQ). YOUR ACTUAL RETURNS MAY VARY. THE ACT OF PROVIDING FORECASTS DOES NOT CONSTITUTE THE PROVISION OF TRADING OR FINANCIAL ADVICE ON OUR PART. WE DON'T GIVE ADVICE, FINANCIAL OR OTHERWISE. WE PICK 'EM, YOU PLAY 'EM.' NO ONE ON OUR STAFF IS LICENSED TO GIVE FINANCIAL ADVICE. IF YOU NEED INVESTMENT ADVICE, PLEASE SEEK THE COUNSEL OF A QUALIFIED FINANCIAL ADVISOR. WE LET THE SUBSCRIBER KNOW WHAT WE'RE THINKING ABOUT THE MARKETS. IF THE SUBSCRIBER LIKES WHAT S/HE SEES, S/HE IS WELCOME TO ACT ON (OR IGNORE) OUR RESEARCH. SUBSCRIBERS UNDERSTAND THAT WE DO NOT GUARANTEE ANYONE A PROFIT, AND WE ASSUME NO LIABILITY FOR ANY TRADES A SUBSCRIBER MAY PLACE THAT ARE BASED IN WHOLE OR IN PART ON RESEARCH WE PROVIDE. THE RESULTS WE SHOW ARE BASED ON SPREADSHEET MODELING OF ACTUAL MARKET DATA IN REAL-TIME, HOWEVER FOR PURPOSES OF THIS DISCLAIMER THEY SHOULD BE CONSIDERED AS HYPOTHETICAL. IT WOULD PROBABLY BE A GOOD IDEA TO PAPER TRADE FOR A WHILE UNTIL YOU GET THE SWING OF THINGS. HERE ARE SOME MORE DISCLAIMERS YOU NEED TO BE AWARE OF. THESE ARE REQUIRED READING BY THE GOVERNMENT. UNIQUE EXPERIENCES AND PAST PERFORMANCES DO NOT GUARANTEE FUTURE RESULTS! TESTIMONIALS HEREIN ARE UNSOLICITED AND ARE NON-REPRESENTATIVE OF ALL CLIENTS; CERTAIN ACCOUNTS MAY HAVE WORSE PERFORMANCE THAN THAT INDICATED. TRADING STOCKS, FUTURES, OPTIONS AND SPOT CURRENCIES INVOLVES SUBSTANTIAL RISK AND THERE IS ALWAYS THE POTENTIAL FOR LOSS. YOUR TRADING RESULTS MAY VARY. BECAUSE THE RISK FACTOR IS HIGH, ONLY GENUINE "RISK" CAPITAL SHOULD BE USED IN SUCH TRADING. IF YOU DO NOT HAVE EXTRA FUNDS THAT YOU CAN AFFORD TO LOSE, YOU SHOULD NOT TRADE IN ANY MARKET! NO "SAFE" TRADING SYSTEM HAS EVER BEEN DEVISED, AND NO ONE CAN GUARANTEE PROFITS OR FREEDOM FROM LOSS. STOCK AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST. THIS WEB SITE IS NEITHER A SOLICITATION FOR, NOR AN OFFER TO BUY/SELL FUTURES OR OPTIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ON THIS WEBSITE. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. STOCK AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST. DON'T TRADE WITH MONEY YOU CANNOT AFFORD TO LOSE. THE PAST PERFORMANCE OF ANY TRADING METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING INVOLVES HIGH RISKS AND YOU CAN LOSE SOME OR ALL OF YOUR MONEY.
 


Subscribe here