“No need to step in front of this train,” says CNBC’s Pete Najarian.

“I have no confidence buying stocks in this environment,” adds his colleague, Jeff Macke.

Buy? Who said anything about buy? But Mr. Najarian is right about one thing: there is no need to step in front of this train – when all you have to do is get on it and go for the ride.

While Congress may need a bailout, the Wizard subscribers could use a wheel barrel – to cart away all of the money the Wizard has made on its recent short trades. As you know, we here at the Wizard don’t follow the mantra of the many tv “experts” who argue with the market’s trend – all in the name of “investing for the long term”. Just as a sailor wouldn’t climb into a boat without knowing which way the wind was blowing, a trader should never get into the market without knowing which direction its trend was going. Fortunately, the Wizard always knows the market’s trend. And, in this case, it’s down – just as it’s been since we called it short on June 13th.

So how are we doing? See for yourself:

(For each of the scans below, we used the following criteria: Daily / Agressive / Very Bearish / Very Bearish / Filtered for short trades only.)

1. Scanning for short trades across all stocks: the Wizard racked up 1019 winners against just 43 losers.

(click image to enlarge)

2. The S&P 500: 264 winners against just 3 losers

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3. The Nasdaq 100: The 100 was down over 10% today. But the Wizard batted 1.000 – 60 winners and no losers.

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Certainly today was a unique day, and while the words “carnage”, “catastrophe” and “collapse” were being bandied about the media this afternoon, we here at the Wizard were using a different word: “ka-ching”.

As today has shown, when the trend changes, the Wizard gets you into the big moves – no matter what the direction is. Don’t have the Wizard yet? There’s no better time to find out what few people know – there’s no better way to trade the markets.

Sign up today >>

As I’m sure many of you have heard, the SEC has recently imposed a short-selling ban on certain financial and financial-related stocks. This ban will be in effect until October 1, 2008. After this date, the SEC may extend this ban at its discretion.

For more information on this and to keep up-to-date, you can visit the SEC’s website where you will find a list of all banned stocks.

CNBC also has a list here >

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Can I still sell short?

You bet. Fortunately, the Wizard has many, many more stocks that can be shorted, which, of course, we will be doing. ETF’s and inverse ETF’s provide additional ways of trading the short side of the market. And for those who prefer more leverage and greater profit potential, futures always provide an excellent opportunity to take advantage of the market’s movements.

No matter what the SEC does, we’ll always be on top of it with the latest and best strategies for taking advantage of whatever the market offers.

We’ll also do our best to keep you updated on changes to market regulations, but if you are a shortselller, please remember to keep yourself up to date.

Good trading,

Gene Stunkel

Founder of the Wizard

The Stock Market: How Low Can it Go?

Even after another day’s carnage in the stock market, it’s no secret that many a television pundit has spent the last several months repeatedly calling a bottom. Fortunately for you, we don’t listen to CNBC. As the markets have been melting away, the Wizard has been short from the beginning. As the screenshot below shows, our initial short call was registered on June 13th. And while the many talking heads were faked out by the weak August rally, the Wizard never once registered a long signal for the market. On September 5th, we, once again, went aggressively short and haven’t looked back since.

How far we fall and for how long is anybody’s guess – although I suspect we have more downside to go. But one thing’s for certain. While everyone’s talking about the Fed, the next big bank to get in trouble and the next bailout, we’re focusing on one thing: the market. Who would you rather be listening to?

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Our Futures Picks? In a word: perfect.

As well as we’ve called the stock market, our futures picks are even more impressive. Once again, the tv talking heads, gold bugs and peak oil theorists have been telling everyone why oil will rise again (all the way to $300/barrel!) why gold is going to $2000, and the dollar is going to zero. Too bad they got it all wrong. But we didn’t. The only thing registering a zero is the number of losers in our futures picks. That’s right – 0 losers, against 38 winners. We caught the selloff in oil and gold, the rally in the dollar and much, much more. In fact, we caught every move there is. Did CNBC call that?

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Forex: The Death of the Dollar Has Been Greatly Exaggerated.

IF the dollar is going to zero, then every other currency paired against it must be going to the moon, right? Guess again. 25 Forex winners, 1 loser. Turns out the dollar is alive and kicking. And we saw it all the way.

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Nobody needs to tell you how much turmoil is in the markets right now.  And while, for many, it may seem like a financial hurricane, the Wizard is, quite simply, the calm in the storm. We don’t follow the pundits, the latest theories or the crowd. We simply follow the markets. Every day. With astounding success. All you have to do is follow us. Sound easy? Well that’s because it is.

Good trading to everyone,

Gene Stunkel

Founder of the Wizard

Nothing short of amazing:

ETF’s;

EFG    8-2 short @ 66.97, 9-5= 60.36

ADRD 8-2short @ 26.28, 9-5= 23.92

IYM    8-2short @ 75.58, 9-5= 68.61

ADRU 8-2short @ 26.32, 9-5= 23.87

IEV     8-2short @ 46.71, 9-5= 42.44

VGK  8-2short @ 62.75, 9-5= 57.02

FEZ   8-2short @  45.23, 9-5= 50.40

IYZ   8-2short  @  22.91, 9-5= 23.34

SMN 8-2 long @  35.33,  9-5= 41.00

Total 9 positions , 8 winners, 1 tiny loser, Investment @ Approx $2,000 per position was $18,000

Profits are $1,794.27. Looks like better than 10% without margin in one month. Thats 120% a year.

Try that with “Guided” methods!

Thanks a million Wizard!

Horace Broadway

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