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Stock Market Investments - Take Profits Now!

Stock-Markets / US Stock Markets Jul 05, 2007 - 10:57 AM GMT

By: Money_and_Markets

Stock-Markets

Larry Edelson writes: I hope you had a nice holiday yesterday. I'm making a semi-long weekend out of this year's Fourth of July, by working half-days today and tomorrow. That will allow me to catch up on some much needed R&R.

But don't think for a minute that my market antennae are down. Quite to the contrary, when I "take a break," it means watching the markets six hours a day instead of the usual 18!


At this point, it's especially important that I keep my eye on things. Last week, I told you how my signals are indicating that a large downdraft in the U.S. stock market may be at hand, with the Dow falling as low as 11,500 over the next few months. I hope you heeded my warnings and followed the steps I provided in that issue to help you protect your money.

Now, I think further action is required. That's why, earlier this week, I sent my Real Wealth Report subscribers an important flash alert. As active paying subscribers, they are entitled to get my signals first.

But now that they have had time to act on my recommendations, I feel I can release the information to the general public. Simply put …

It Looks Like a Good Time To Grab Some Profits

Don't get me wrong. In no way should you interpret my recommendation to take some profits off the table as an indication that the long-term bull market in natural resources is over. Hardly! Much higher prices are coming.

Instead, I'm recommending this action merely as a good money management procedure. Some pretty hefty gains have been racked up, so it's time to take some profits off the table.

Heck, many of the investments I've mentioned here in Money & Markets have done pretty darn well lately. Here's a table with some examples (performance through the close of trading on July 2):

Investment Ticker Mention Date Gain/Loss
AIM Energy Fund IEFCX 07/28/05 20.8%
CIMAREX ENERGY CO XEC 07/25/05 -4.1%
XTO ENERGY INC XTO 07/25/05 74.5%
Oil Service HOLDRs Trust OIH 09/19/05 44.6%
Streettracks Gold Trust GLD 09/19/05 40.1%
Tocqueville Gold Fund\The TGLDX 10/10/05 40.7%
Energy Select Sector SPDR Fund XLE 10/10/05 44.2%
iShares Dow Jones US
Energy Sector Index Fund
IYE 10/10/05 46.9%
Vanguard Energy VIPERs VDE 10/10/05 45.8%
iShares S&P Global Energy
Sector Index Fund
IXC 10/10/05 41.1%
Powershares WilderHill
Clean Energy Portfolio
PBW 10/10/05 32.4%
US Global Investors
World Precious Minerals Fund
UNWPX 10/10/05 56.2%
DWS Gold & Precious Fund SCGDX 02/23/06 0.7%
Sadia SA SDA 06/08/06 81.8%
Archer-Daniels-Midland Co ADM 06/08/06 -14.4%
Cresud SA CRESY 06/08/06 67.8%
Enerplus ERF 08/10/06 -16.6%
U.S. Global Investors
Global Resources Fund
PSPFX 08/10/06 3.7%
Profund UltraSector Oil & Gas ENPIX 08/10/06 30.8%
Matthews India Fund MINDX 09/28/06 37.8%

Naturally, if you're holding any of these investments, your results will vary based on the times you bought and the fees your broker charges you. (And I mentioned many of these more than once.) But as you can see, a lot of them have had very solid runs.

So, here's what I suggest: If you own XTO Energy (XTO) … Cimarex Energy (XEC) … the AIM Energy Fund (IEFCX) … or the Dow Jones U.S. Energy ETF (IYE), consider selling and booking some profits.

That will allow you to lighten up your portfolio a tad … and reduce your downside risk.

However, I want to repeat that you should not take this as a sign that the bull market in natural resources is over, especially in energy prices. It's not even close to over. And that's why I believe all the other positions are still worth holding.

In fact, I remain firmly convinced that we will see record new highs in the price of gold … in oil … in gas … and in a slew of other natural resources, before the end of this year.

I have no doubt about it. Chief reason: While the U.S. economy is effectively stagnating, overseas economies are roaring, and they will continue to do so.

Naturally, there will be corrections along the way, but the long-term uptrend for most developing economies — China, India, Brazil and more — have a long way to go. Ditto for natural resource prices.

So, consider booking some gains, and then hold your other positions for more potential profits.

Best wishes for your health and wealth,

 

By Larry Edelson

P.S. The opportunities — and dangers — in this market are so unusual, and the timing for investors to take action so immediate, Martin is doing something he's never done before: Next week, he's holding a first-ever Weiss seminar online, with full audio and video. And since you're a reader, it won't cost you a penny, provided you register now. Click here here for all the details.

P.P.S. If you're not already a Real Wealth Report subscriber, consider joining now. For a mere $99, you will get a one-year subscription, including all recommendations as soon as I release them (including flash alerts), plus 12 monthly hard-hitting issues that keep you fully informed on the natural resources markets and important happenings on the international scene.

I consider that $99 price a bargain. After all, I estimate that the round of gains Real Wealth subscribers just bagged via my flash alerts add up to over $17,000 — not to mention another $36,000 in gains on open positions.

That totals $53,000 in gains — enough to pay for an annual subscription to Real Wealth Report 535 times over! To become a Real Wealth Report member now, just click here .

This investment news is brought to you by Money and Markets . Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com .

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