11/15/2009 8:59:46 PM
Welcome to The J.E.D.I. Way.
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LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN
THE J.E.D.I. WAY'S LONG-TERM (or POSITIONAL) HOLDINGS:
ProShares Ultra Short Real Estate (Ticker Symbol: SRS)
ProShares Ultra Short Gold (Ticker Symbol: GLL)
ProShares Ultra Short QQQ (Ticker Symbol: QID)
ProShares Ultra Short Financials (Ticker Symbol: SKF)
ProShares Ultra Short Industrials (Ticker Symbol: SIJ)
Note: The J.E.D.I. Way will purchase 100 shares of GLL and QID at the next market opening to complete our long-term portfolio holdings. We will place a protective sell stop loss behind GLL at $5. We will place a protective sell stop loss behind QID at $10. Both protective stops will be good till cancelled (or good for 60 days)..whichever is greater.
THE J.E.D.I. WAY'S SHORT-TERM (or TACTICAL) HOLDINGS:
This is to alert you that The J.E.D.I. Way is tracking the EURODOLLAR, U.S. DOLLAR INDEX, 30 DAY FED FUNDS, AND ORANGE JUICE and their respective options on futures closely and will alert you when there is a "tactical" trade in the making in the options on either one of them.
PLEASE NOTE WE ARE STILL IN A BEAR MARKET AND NOT OUT OF THE WOODS JUST YET. (See chart below of the Dow Jones Industrial Average since 1974)
The stock market is still the best place to invest to receive maximum return on your money provided that you select the right stocks for the times.
Until Next Time.
Thanks for listening; Good Luck in your Trading; And may the force be with us!
Best Regards,