I haven’t paid close attention to The Cheat Sheet since April 2009. At the time I thought the stock market was
bottoming. This proved to be correct, in retrospect the S&P 500 hit Bear Market lows a month earlier.
The Cheat Sheet has Been Dead On
At the time The Cheat Sheet said Financials and Penny Stocks were the best investments to make, and this also proved to be correct. I put around 10% of client assets in the Proshares
Ultra Financials (UYG), an ETF that does double what the financial sector does. I bought UYG at $3 that month and it doubled within a year. Unfortunately we never got that double, I sold
at $4 three months after purchase. Of course during the market’s crash of 2008 The Cheat Sheet told us to get into Food Manufacturers, safe Healthcare stocks, and Education — correct.
