ARD was another oil stock that setup in a nice pattern but this wasn’t any ordinary pattern. This pattern was way more smooth than the big oil stocks and still had a great fundamentals. I wish I would have held it longer than I did hold it but still in eight months and then days this stock produced a nice comfortable smooth 160% return in a market that, as those who know that were there, saw the VIX get shredded to the 10 region. Do you know how hard it is to make big money in a 10 VIX market? Yet, I did it all throughout late 2004-mid 2006. It just slowly got worse and worse but as you can see via my big winners from 2006, 2007, and two in 2008 so far there is still the ability to make money in a low VIX environment.
the top of the run: