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Yet Another Good Year of Trading:
In January 2008 we correctly predicted a major correction based on technical and macro-economic factors.
On march 6th 2009 we correctly went from cash long with 100% of our resources, catching the market bottom with positions in Caterpillar and JP Morgan.
We stayed on the long side until April 30, 2010 when we closed out all long positions. The market rolled over into a major correction the next day.
We were long in August 2010. While the S&P 500 was down in August, our portfolio was up thanks to some short positions and defensive plays that paid off.
In September 2010 we were in cash when the rally started, but we did get on and made money. Most hedge Funds and professional investors increased their short positions and got burned.
The dreaded month of October came and everyone said that there would be a correction, but we stayed long and made more money.
This year we have had several weeks with something between a slight gain and a slight loss. We have also had many weeks of great gains. However, we have not had a single week
of significant losses or an entire month of losses.
How Do We Do It?
Our market research and Technical Analysis focus on supply and demand balances. We believe that the immediate cause of price movement is the balance between buyers and sellers.
We put out an update nearly every night before a trading day. If we don't put out an update then the previous plan is still in full effect without modification. We only occasionally
put out updates during the trading day. Each update has a complete plan of action for the next day.
We rarely add to existing positions and we never open a position and then recommend that our subscribers open them as these would be unethical self-serving actions. We make a plan and we share it with you. You can modify
the plan as you please but we stick to our plan until it is completed or officially modified. Not all trading services set such standards for themselves. The trading techniques that we use are well known among experienced
traders. We also have a few special indicators to assess the market.
We are quick to exit a position that appears troubled. Frequently we regret leaving these positions as they eventually pay off. But, we never regret the process of being intolerant of losses because the market can be a rough place
to do business and big losses are harder to make up for than missed opportunity.
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