|
October 12, 2008 Entry Alert - DIA and Mini-sized DOW |
|||||||||||||||||||||||||||||||||||||
|
10/12/2008 12:11:27 PM Greetings, J.E.D.I. Welcome to The J.E.D.I. Way. If you are receiving these alerts on a free trial, you have access to all of our previous articles and recommendations by clicking here: http://www.stockbarometer.com/articles.aspx?subscriptionid=20 If you do not recall your username and/or password, please email us at customersupport@stockbarometer.com. If you are interested in continuing to receive our advice following your free trial, please click the following link to subscribe. http://www.stockbarometer.com/pagesJEDI/learnmore.aspx LONG TERM TREND SIGNAL: DOWN INTERMEDIATE TERM TREND SIGNAL: DOWN For Monday, October 13, 2008, The J.E.D.I. Way will re-attempt the following transactions: (1) Buy to open one (1) December 2008 Mini-Sized Dow 13000 Call Option (Ticker Symbol: YMZ81300c) at a limit price of $2.00, Good For The Day. (2) Buy to open 10 shares of DIA (Dow Diamonds ETF) at a limit price of $80.00, Good for the Day. Last Price for the Mini-Sized Dow December 2008 Futures: $8370.00
Expiration Date of Mini-Sized Dow Options Contract: December 19, 2008 Contract Specifications:YM,CBOT
Breakeven Point: The breakeven point for buying one December 2008 Mini-Sized Dow Call ption (Ticker Symbol: YMZ813000c) at $2.00 (with commissions of $29.32) and buying 10 shares of DIA at $80.00 (with commissions of $20.02) is $8.00 and $82.00 respectively. My fellow J.E.D.I., Please see weekly chart for the December 2008 Mini-Sized Dow and DIA dated 10/10/2008 below. WEEKLY CHART (DECEMBER 2008 MINI-SIZED DOW)
WEEKLY CHART (Ticker Symbol: DIA)
Thus For Monday, October 13, 2008, The J.E.D.I. Way will re-attempt the following transactions: (1) Buy to open one (1) December 2008 Mini-Sized Dow 13000 Call Option (Ticker Symbol: YMZ81300c) at a limit price of $2.00, Good For The Day. (2) Buy to open 10 shares of DIA (Dow Diamonds ETF) at a limit price of $80.00, Good for the Day. Good Luck! And may the force of volatility will be with you. Best Regards,
|
|||||||||||||||||||||||||||||||||||||
Patrice V. Johnson
Important Disclosure Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Investment Research Group and all individuals affiliated with Investment Research Group assume no responsibilities for your trading and investment results. Investment Research Group (IRG), as a publisher of a financial newsletter of general and regular circulation, cannot tender individual investment advice. Only a registered broker or investment adviser may advise you individually on the suitability and performance of your portfolio or specific investments. In making any investment decision, you will rely solely on your own review and examination of the fact and records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claims, damages, loss, or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert, or update. For a complete understanding of the risks associated with trading, see our Risk Disclosure. Copyright © 2008-2009 Patrice V. Johnson Image rendition and html coding Copyright © 2000-2009 SafeHaven.com ADVERTISEMENTS
« BullionVault.com
-- Buy gold online - quickly, safely and at low prices »
« Honest Money: A History of U.S. Gold & Silver Currency -- by Douglas V. Gnazzo Maestro, My Ass! -- by Michael Ashton » « Opinions expressed at SafeHaven are those of the individual authors and do not necessarily represent the opinion of SafeHaven or its management. Articles are available via RSS/XML. Please visit RSSHelp for instructions. » |