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Re: jimapplesmith post# 5955

Thursday, 06/01/2006 11:46:09 AM

Thursday, June 01, 2006 11:46:09 AM

Post# of 17625
Thanks Jim. What I'm trying for is as follows:

1. Use mvp original buy signal from program to enter primary position in Umpix
2. If trin that same day is 2.00 also buy 6 mo slightly otm mdy calls.
3. And/or add more calls only when trin hits 2.00 shortly thereafter (days shortly)

I have been studying this option done this way for several months and see a chance to sharply increase profits.

As of this post mdy is up 2.1% from when I bought dec 143's and they are up 20%

You CAN time the market!

But only after you trash the big 3 myths.

Myth 1 - its possible to get every point of every move
...Myth 2 - you'll never have a drawdown
......Myth 3 - you'll never have a loss

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