Meeting Notes from Wed, Dec 2, 2009

Ideas from the meeting: Initials only to protect privacy -

Idea to save money - contact Heatusa.com
20 percent discount on oil price per day and free service contract

Another idea to save electricity - measure your electrical usage using the KILL-A-WATT device, it measures the amount of electricity you plug into it.

E.K.: buy silver, slv or sivr; hillenbrand (hi). Just under 19 and trending up

B.G. - QLD, QID etf's are a favorite trading vehicle: double long nasdaq, double short nasdaq; this month choosing qid, expecting the market to go down.

J.G. - Buy Caterpillar and buy time warner (TWX will benefit from spinoff of AOL)

T.W. comment - Hudson Holdings (HDHL) is 24 cent stock, has 10mm in cash, main business is institutional stock trading.

S.K., short the euro us dollar: EUR/USD. Thinks it's going to correct in 30 days. Pricipal movers are interest rates and general feeling on the economy. People think safety, they think the dollar.

T.W. - Sell Short US Government Bonds. I'd like to be wrong on this, which is to say that if I am wrong, your borrowing costs will be lower, which is good, except it means the economy is even in worse shape. However, if I am right and rates rise, then you have borrowed at lower rates of interest, which is good. I view that as a win-win trade. Buy the TBT etf (inverse etf that profits when interest rates rise) or sell short TLT (20 year US Gov't Bond etf, formerly by Lehman). Also, I view AAPL as a significantly overvalued. Only 20 cents of every dollar of stock you buy is actual revenue at the company level. I view AAPL as a short sale. Short apple, 5 times sales, apple is a bigger short than gold, google is overvalued too.

Next meeting will be the 2nd Wednesday in January.

Note - Walter Shanley couldn't make it to last week's meeting. He contacted me by email prior to the meeting to let me know. We may have a special meeting this Wednesday in order to make any of you aware of his business opportunity. I may send out a special EVITE to invite you to his presentation.

Best regards,

Tim West

(Thank you Mike Kot for collecting the notes from the meeting)