V.15:13 (600-601): Quick Scans: The Pitbull Investor by John Sweeney
Product Description
The Pitbull Investor (IMF Corporation). Manual detaililng a simple trading strategy. by John Sweeney
The Pitbull Investor bills itself as “a disciplined tactical stock investment system.” My opinion? Strike the “investment” notion: This is delightful speculative material. It’s a simple approach shooting for 200% return on investment. Plus, at $50 for the idea and the procedure, it’s quite cheap in these days of $3,500 trading systems.
So is it worth $50? In the current bull market, the return on your investment is likely to be much greater than $50. If you don’t like the buy side, you can also pick up IMF’s manual on short selling for $60. What’s attractive about Pitbull is it presents a straightforward approach to combining fundamentals and buying momentum. Of course, the day will come when momentum will no longer be the easy way to trade, but when that day comes, this system simply won’t come up with many stock picks. When that happens, you’ll need to have the short-selling system running.
The Pitbull Investor bills itself as “a disciplined tactical stock investment system.” My opinion? Strike the “investment” notion: This is delightful speculative material. It’s a simple approach shooting for 200% return on investment. Plus, at $50 for the idea and the procedure, it’s quite cheap in these days of $3,500 trading systems.
So is it worth $50? In the current bull market, the return on your investment is likely to be much greater than $50. If you don’t like the buy side, you can also pick up IMF’s manual on short selling for $60. What’s attractive about Pitbull is it presents a straightforward approach to combining fundamentals and buying momentum. Of course, the day will come when momentum will no longer be the easy way to trade, but when that day comes, this system simply won’t come up with many stock picks. When that happens, you’ll need to have the short-selling system running.
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