UPDATE:
This Energizer Bunny just won't quit!
In spite of continuous bearish signals emanating
from my System, this Market continues to move
higher!
Since my System is spewing out ever more bearish
signals, I have decided to do the following:
To make my initial investment into a round number
and to help mitigate Mr. Market's furious move
against my trade, I have decided to increase my
investment to $10,000 from the present $5770. This
will be the absolute last increase in my investment
to test my system! My wife will not allow me any more
allocation under any circumstance.
I have also fine tuned my System to avoid early signals,
as was obviously the case on the last trade. I am quite
confident that even my last trade at $8.70/Put Option +
Commissions will net me a profit. But now with the
additional Buying Power of $4500 ($4230 Additional
investment + $270 Available cash in the account), I will
be able to bring my average cost down and thus increase
the potential for a bigger profit---or loss! <GULP>
We shall see...
All the Best!
contax
P.S. On the Other hand, my two picks, EMA and ROBV are
doing quite well and should continue to do so in the
coming months!
