The Financial Advisor Update

Dykstra: Hunt for Bargains

10/28/08 - 10:27 AM EDT

UTX , CSCO , PH , HAL , MSFT , TXN , DE , CHK , SHG , CAT  
Lenny Dykstra

I had my order filled with Parker Hannifin(PH Quote) at $7.50 while the stock traded at $38. It was my Oct. 20 pick and has already crossed the finish line for a $1,000 victory. Halliburton(HAL Quote) is another example as I bought my options at $8.70 when the stock was at $18. Again, it filled and sold on the same day (Oct. 17) for a quick $1,000 win.

Let's go down the line. Even though Microsoft(MSFT Quote) traded at $25, I was able to purchase contracts at $6.70, a huge discount. My pick on Oct. 8, Microsoft brought home a $1,000 win in just three days.

I bought Cisco(CSCO Quote) at $8.20 while its stock traded at $17. On Oct. 10, it filled and sold for a $1,000 win. Texas Instruments(TXN Quote), Deere(DE Quote), Chesapeake(CHK Quote), The Shaw Group(SHG Quote) and Caterpillar(CAT Quote) are some of the other recent bargains I found that have turned into wins.

A keen sense for bargains and winners has helped Gillick's Phillies get to the World Series. For me, it has helped me to go 80-0 and earn more than $200,000 in wins since I began Nails on the Numbers in March.

Lenny Dysktra manages Nails on the Numbers, a subscription service sold by TheStreet.com. He is 80-0 this season on his options picks. Dykstra writes regularly about options trades for TheStreet.com.

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At the time of publication, Dykstra had no positions in stocks mentioned.

Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."

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