I happened to be on TV the afternoon of March 6th, broadcasting the last 3 hours of a day that the market was plunging 300 points off the open on Livestock with Tim Sykes, where I laid out my bullish case. Sticking to our plan, we were BUYBUYBUYing stocks at the bottom but the trade of the day was the one our Members had been planning all week - the shorting of SKF at $250, an entry we hit pretty much on the button that day.
There were 13 bullish plays in 3 hours while the market was crashing - The profit on $13,000 invested 6 months later is over $61,000 - 469% profits, outperforming the S&P by over 400$! Compare what Tim and I were saying live on March 6th (buying with the Dow at 6,500) at the exact same time (2:30) as Jim Cramer was calling 5,320 as a possible bottom - 20% lower - adding to the panic for the average viewer. I was specifically saying to buy DIS which Cramer predicts would go lower, virtually at the same time on two different shows! Later that night, even after having a chance to view our show, Cramer was still VERY negative, with the OPPOSITE advice we gave. Fast money also told viewers that same Friday that "there’s too much risk and too little reward to get involved."
Can we do it again? Absolutely, and we'll show you how as you follow this series!