BullTrade.com continues strong showing with stellar September.SANTA CLARA, Calif.--(BUSINESS WIRE)--October 30, 1998--During a month in which the market was less than favorable, hot financial/entertainment site BullTrade.com (http://www.bulltrade.com) shined. Joseph Pugno, Co-President of BullTrade Corp., commented, "September was a tough time for many novice investors. Many traders panic when the market dips and sways. What the BullTrade newsletter provides is some security. We explain why the market is moving the way it does, and how investors can protect their assets without developing ulcers. Our trading experience has enabled us to provide the necessary tools for investors to `brave the storm'." After the surprising success of the September portfolio, the year-to-date yield of the BullTrade portfolio rose to 69.55%, outpacing the S&P 500 six times over. Some of the more notable trades by BullTrade during September included a 30.5% gain in IDT Corp. (Nasdaq:IDTC IDTC Interdeployment Training Cycle IDTC Indefinite Delivery-Type Contract(s) ), a 19.5% gain in Qualcomm (Nasdaq:QCOM QCOM Qualcomm, Inc. (stock symbol) ), a 14.2% gain in Cymer (Nasdaq:CYMI), a 13.4% gain in Tellabs (Nasdaq:TLAB), a 13% gain in Real Networks (Nasdaq:RNWK RNWK Real Networks (stock symbol) ), an 11.8% gain in Gillette (NYSE NYSE See: New York Stock Exchange :G), a 9.6% gain in Compaq (NYSE:CPQ), an 8.8% gain in Ameritrade (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ), an 8.8% gain in American Express (NYSE:AXP), a 7.3% gain in Worldcom (Nasdaq:WCOM WCOM MCI/Worldcom (stock symbol) WCOM Windows Component Object Model WCOM Wireless Communication ), a 6.9% gain in Citigroup (NYSE:CCI) and a 6.6% gain in Allied Signal (NYSE:ALD ALD abbr. adrenoleukodystrophy ALD, n.pr See adrenoleukodystrophy. ALD aldolase. ). There were five other trading gains ranging from 3-5% and four trading losses, bringing the ratio of gains to losses to 17:4. Some of the other stocks covered in the September BullTrade portfolio were Intel (Nasdaq:INTC), May Dept. Stores (NYSE:MAY), Northern Telecom (NYSE:NT), Lucent (NYSE:LU), Reltec (NYSE:RLT), General Motors (NYSE:GM), Disney (NYSE:DIS), and Lehman Bros. (NYSE:LEH). BullTrade Corp. (www.bulltrade.com) provides investors with a daily newsletter and financial forum. Members receive a newsletter before each market session, via e-mail and on-site, that outlines a short-term and long-term portfolio, as well as views on the current market conditions and issues that are relevant to successful trading. The BullTrade newsletter is ideal for both beginner and experienced investors, and is available for a very affordable $20 per month. For more information, visit the BullTrade web site at http://www.bulltrade.com |
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