November 14, 2011,
Market Strategies Guide to Successful Trading
Read The Full November 14, 2011 Issue Of Market Strategies:
Charles Moskowitz appeared for an interview at StockLegends.com. The Show aired on Monday November 7th at 10:00 AM at http://www.stocklegends.com/ , we urge everyone to listen to the interview now available on our website at:
We have been asked to help those who do not wish to make a $100,000 commitment to an account to scale back the initial investment to a $10,000 account.
We are answering this request with an account that will only trade options. However, in order to take full advantage to this new account, you really need to also subscribe to our Texting service. There is no cost involved, but in order to receive all of the trading suggestions, in a high volatility environment, we need to communicate more often than weekly.
To subscribe, simply TEXT the word
UPDATES to 69302
and you will automatically be included.
$10,000 OPTIONS ONLY ACCT:
New Trades for this week:
BUY 2 AAPL 12/ 400 @ $6.00 OB
BUY 5 TLT 12 /118 CALLS @ $1.65 OB
The $10,000 Options Only account made $ 721 last week, its twenty fourth week of trading.
We came into the week with a balance of $11,759.00 and with the Gain last week increased the gains to $12,480.00.
Three positions remain:
the JAZZ Nov 36 Puts,
BAC Dec 6 Calls and
TZA Nov 32 Calls.
The Open positions are highlighted in the options table below.
Approximately $ 2260 funds are in use. Italy raced to the edge with interest rates on debt skyrocketing from 6.3% to 7.5% and then coming back to reality by Friday. It became clear that Italy is NOT Greece and that they have the means to make the changes needed. This week was slightly (6%) positive for the Options account as the S & P had a range of 50 points and closed up 10. Ideally a small pullback to the 1245-1250 would be a great spot to get a bit more long of the “high-performance” stocks that the lagging hedge funds will need to make up for their under-performance. This may include the under-owned financials as well as Tech and some of the seasonally sensitive retailers….CAM
Remember, these trades are based on your participation in the
TEXT MESSAGE TRADE ALERTS SERVICE TO
RECEIVE ALL UPDATES.
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