7/14/2009 2:26:23 PM
Update & Action
Afternoon folks,
As you know, we've been working on the Gold and Energy Trader service which focuses on trading only a few Gold and Energy Stocks, including GLD, OIL & SILVER - We'll also cover the Dollar and Bonds to give the portfolio some diversity.
Are we trading those underlying assets? Absolutely not! We'll be playing with the leverage funds and inverse leveraged funds so you can participate in larger moves. And since we're trading ETFs, you can bet a little bigger then trading a stock. That's the beauty of an ETF. I'm not saying we have no risk. That would be misleading. But a stock can get cut in half overnight. An ETF? Well, that's extremely unlikely.
Trading only a few ETFs at a time, means we can concentrate our money where it's working best. How much money? Well, that's up to you. But I am putting up 100k and will make these trades in an actual account (Fidelity to be exact). So you can see what I'm doing. And I'll be very upfront...
Yes, by using a popular broker like Fidelity, we can all share in and discuss these orders and the stops we have in place will be with the same terminology and technology (so we should have consistent application.)
And by putting up 100k of my own money (ok, the account is fluctuating a bit as I close out some other positions) - I'll have actual numbers to put up - not just guestimated returns, that you Could have received, etc...
Yes, I'm still moving out of some of the stocks in that portfolio (it never makes sense to make too many trades all at once, plus with all the technology you have available today, there are some realy neat conditional orders that you can make that provide a little more protection.) Just remember, no order can provide total protection.
Why are we sending this as a Bi-Weekly Alert? Well, we just don't have the Gold and Energy Trader site available yet, but I don't want to delay. So you will get the benefit of these trades until we get the other site up. The service will be priced the same as the DSB and you can also get it as part of your Premier Subscription (which now includes Market Chat).
Action?
We're buying AGQ & TMV. AGQ may be a bit early, but the potential profit is tempting to try a position here. TMV is flashing a buy signal.
If you're interested in trying this new service, you can sign up using this link; Subscribe For $24.95/Month
just say in the message and comments section that you want to try Gold and Energy Trader. And when the new site is launched, some time next week, you'll continue to get alerts with no interruption.
If you want to subscribe (or upgrade your subscription) to the Premier Service, simply click this link: Subscribe For $69.95/Month
If you're upgrading your subscription, please send Carl at Customer Service an email - customersupport@stockbarometer.com - Thanks!
I'll have more later!
Regards,