Stocks make a lot of sense in the long run. In the short run, though, the ride can get a little bumpy.

Back in April, I told Death Cross Trader subscribers that the market would take a major tumble. I suggested a “Falling Market Profit Plan” that would guarantee strong profits.

T. Boone Pickens is a major oil guy. He became successful buying up oil and gas companies and trading energy for his fund, BP Capital. And now he’s forecasting $150 oil.

See, when money managers reported their first-quarter buys to the SEC in government-required 13F form filings, Hawaiian Airlines stock was on the list of new buys.

This company is a value investor’s dream. Not only can you double your money with this stock… but you can also collect a 12.7% dividend payout while you wait!

The secret of a Death Cross Trader is simple: Find a stock that’s failing and short it. Of course, as with all things, timing is everything.

“The rise in consumer credit delinquencies is consistent with a rapidly slowing economy. Stress in the housing market still dominates the story, but it’s a broader tale.” James Chessen, ABA Chief Economist.

The first quarter of 2008 is complete. Boy has it been brutal. As of this writing, the Dow Jones Industrial Average dropped 7.53%, the Nasdaq Composite Index corrected by 14.09% and the S&P 500 retraced 9.88%. While many people lost money on American equities, Death Cross Trader subscribers came out well ahead of the game.

The power to make loads of money from failing equities is within your very reach…

See, playing penny options can be one of the best ways to capitalize on downside moves in distressed stocks.