Wells Fargo Company 3Q earnings on 10.15.08.

Wells Fargo Company (NYSE:WFC) is scheduled to announce its third quarter 2008 earnings Wednesday, October 15, 2008, at 5 a.m. PDT (8 a.m. EDT).

Since the company has already warned that they will take a hit for their investments in Fannie Mae, Freddie Mac and Lehman Brothers, this report may surprise investors who were optimistic that Wells Fargo was the best of the banking bunch. Wells has been on our Cooling Off list since we warned of the company's exposure to SIVs, CDOs and Liquidating Portfolio back in the September 2008 ezine. You can review that article online at NataliePace.com. Click on archived ezines, which is located under the online magazines option.

Wells Fargo will remain on the Cooling Off list until after the earnings announcement. Since the announcement will come after the mid-month update on Monday, watch here for the latest breaking news after the earnings announcement.

Natalie Pace
11:45 a.m.
10.10.08

InvestorAlertShortSellingtoResumeOct92008

According to the SEC, the Commission’s Emergency Order that prohibits persons from selling short the securities of financial institutions will expire at 11:59 p.m. ET on Wednesday, October 8, 2008.

The markets are operating under the chaos theory these days and there is no way of knowing much beyond the fact that this continues to be a volatile, down-trending year. The expiration of this order could have some hedge fund operators rushing the gate to short these stocks. on the other hand, the overselling that has dropped Google's price to the lowest price since 2005 could invite some buying.

If you have not already learned how to recession proof your portfolio (hint: If you've lost half of your nest egg, you need a new strategy), or trading tips for turbulent times (our stock ezine still has 70 percent of the positions in the money this year) then now is the time to sign up for the Get Rich and Enrich Retreat November 20-22, 2008. Get more information on the JOIN NOW link on the home page at NataliePace.com. (The September and October retreats are sold out.)



You do not receive financial training in college, or at the MBA programs. Investing a small fraction of what you spend to earn a college degree right now could be saving you hundreds of thousands of dollars, while positioning you to earn the 11 percent annualized gains that the stock markets traditionally earn every year.

Join a group of enlightened investors at the retreat and receive a premium subscription and free 21-day coaching call series as well!

Also, be sure to read about how Bill and Nilo Bolden saved their nest egg. I just received a note from Nilo yesterday and she has lost NOTHING AT ALL in her nest egg, using the defensive strategies I informed her of (in the Recession Proof Your Portfolio article) back in February of 2008. Bill and Nilo's story, along with 5 GOLDEN NEST EGG portfolio strategies are listed in the article, "Bill and Nilo's Very Healthy Nest Egg," located in the October 2008 ezine at NataliePace.com.