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Archive for the ‘Covered Calls’ Category

Bulls Bounce Back/ Profit Alert!!!

Thursday, November 21st, 2013

1:30pm (EST)

Futures were slightly lower ahead of the open overseas and hinted to more weakness here at home but had steadily improved ahead of Wall Street’s open this morning.  Economic news has been slightly mixed but is helping the bulls make up for 3 days of losses with today’s surge back to resistance.

Initial Claims fell 21,000 to 323,000 from a revised 344,000 while the 4-week moving average came in at 338,500, down from 345,250.  Continuing Claims were up 66,000 to 2,876,000.

Elsewhere, the Philly Fed came in at 6.5 in November and slightly below expectations but this was brushed off following the two-year high in September.

As far as the market, the Dow is up 85 points to 15,985 while the S&P 500 is higher by 10 points to 1,792.  The Nasdaq is advancing 35 points to 3,956.

Subscribers, head to the Members Area for the updates as we are ringing the resister on a quarter position on a trade that is up 233%!

Bears Say Not so Fast

Friday, September 6th, 2013

1:05pm (EST)

Futures were slightly weak as we hit the rack last night ahead of the European open suggesting a lower open this morning but had recovered ahead of this morning’s Nonfarm Payroll report.  Wall Street certainly traded off the headlines as the Unemployment Rate dropped to 7.3% from 7.4% and that 169,000 jobs were added.  However, the devil is always in the details and after a closer look the bloom came off the rose.

The Numbers for June and July were revised lower to 172,000 and 104,000, respectively, from 188,000 and 162,000.  After a surge at the open, the indexes have broke down like a rented mule as the bears once again push support but have since recovered and are back in the green.

We mentioned last Friday that we expected this week to be bullish with a rebound possibly lasting into next week but today’s pullback and rebound needs to be watched carefully as there could be further weakness if the bulls can’t hold support into the close.

We have also been talking about the current 2-month trading range and how hard they are to trade.  Sometimes they can be frustrating but if you know where the tops and bottoms are at (support and resistance) then they become easier to trade.  One of the biggest factors in being successful during these trading ranges is to buy puts when the market is topping and to buy call options when the market is selling off.

At times, if you are short and the market appears to be on the verge of a breakout, you get nervous.  If you are long, and the market is at the bottom of its range with a correction seemingly on the horizon, you also get jittery.  These are natural reactions but it is important to trust your charts and time frames to keep your emotions in check.

We have started nibbling on put options because we have also said that after a possible push to the top of the trading ranges, another pullback could follow that could test the July and June lows.  Of course, charts cam change but that is the roadmap we are preparing for over the next 4-6 weeks.

We have done super swell trading the current range as we have played both call and put options since mid-July after trading call options for the majority of the year.  We have hit on 70% of our trades and our closed trades portfolio is showing an astounding gain of 160% coming into the week for the Daily.  We are one of the very, very few option newsletters that keep proven Track Records year-after-year and we are on pace for our sixth-straight profitable year.

We are also the only options newsletter that works every day the market is open and provides twice Daily updates along with Trade Alerts throughout the day, depending on market conditions.  We also have auto-trading partners that will trade YOUR account if you cannot follow us all day.  The execute new trades or take profits the second they get Trade Updates as they are copied on all of our newsletters so you will never miss a trade AND more importantly, you will be in ALL of our trades.

We have traded up and down markets that have included some tough trading ranges over the past 6 years.  We have recommended over 1,000 trades and we are close to a 70% win rate over the years.

Our point is that we get swamped with emails when the market gets volatile and from time-to-time we like to calm the storm but giving you sound advice to help keep your emotions in check.  We have added hundreds of new members over the last few months and we also like to remind new readers that it is important to read and study each Monday morning Daily update and every Sunday night update for the Weekly Wrap as the charts we show you are worth a thousand words.

The other technical indicators we use will also provide you targets on what could change the trend or keep the market in a trading range.

Today’s session has been very volatile and we mentioned it would be picking up as we headed into September.

The Dow has made a 200-point round trip and is currently up 16 points to 14,953 while the S&P is higher by 4 points to 1,659.  The Nasdaq is advancing 7 points to 3,665 and the Russell 2000 is gaining 3 points to 1,031.

We have been busy and long-winded today as we are doing some early homework and we have added a new Trade to our Weekly Wrap portfolio.  We continue to suggest new option traders and those of you that are newbies to stock and options to give the Weekly Wrap newsletter a try.  We profile one company a week and give you a fundamental and technical look at what could move the stock.  We also provide earnings updates and we have expanded our trading parameters as we are now recommending short positions and possible LEAP option trades.

The Weekly Wrap portfolio is 33-3 this year and 77-5 over a 3-year period.  We have doubled a $10,000 trading account by trading stocks and writing options.  You can request ALL of our Track Records for both our Daily and Weekly Wrap publications and remember that trading is for the long haul and why we want you to stay with us month in and month out.

We are here to give you a great education and like we have mentioned, September could be a month to remember!

We have some last minute updates before we kick back and watch the rest of today’s action and like we mentioned, we have already started our homework for next week.  We will be back Sunday night/ Monday morning so until then, have a great weekend everyone!

MomentumOptionsTrading.com Weekly Wrap New Trade for 9/4/2013

Wednesday, September 4th, 2013

1:15pm (EST)

There were a few trades we were looking at establishing positions in this week for our Weekly Wrap.  One was a long play, the other was a short trade.

Believe it or not, we wanted to get into JC Penney (JCP, $13.52, up $0.80) on Tuesday’s open but we wanted to see how the market held up before adding new positions.  Shares of JCP closed last Friday’s session at $12.48 after kissing a low of $12.12.  We figured a bottom was setting in and after Bill Ackman dumped his lostake, we figured shares could rebound 10%-15% based on Murphy’s law.

We also wanted to sell some near-term options on the stock to lower our cost basis but we failed to pull the trigger because we just don’t like the name.  We have made some sweet triple-digit recommendation on shorting JCP in the past so we wanted to run some more numbers before making it a Weekly Wrap trade based on what we could sell the options for.

We snoozed and we lost a good opportunity to make a quick double-digit profit as shares have kissed $13.70 today.  We are still running some numbers and doing chart work as they could be some further upside movement but we are excited about the New Trade we have for you right now.

Shares just fell below $20 last week and there is a gap to fill in the mid-teens.  We don’t often short stocks for our Weekly Wrap but when we see an opportunity to make 10% or more in a month we don’t mind pulling the trigger.

Subscribers, check the Weekly Wrap Premium section for the details.  The newsletter is now an amazing 77-5 since we started in 2011 and we are 33-3 this year.

Lower Fibonacci Levels Trigger/ Profits Alerts

Tuesday, August 27th, 2013

12:35pm (EST)

We knew coming into the week there was a good chance the market could trade lower if the bulls failed at resistance and if they did we would need to protect profits.  We have some nice gains going for our Daily as we cashed out the other half of a triple-digit winner (up 147%) and some of our put options plays are getting a bounce.  We also have a few positions that were up double-digits in our Weekly Wrap and we also set Hard Stops in our portfolio to lock-in gains if they were triggered.

While we believe these stocks in our Weekly are still long-term “buys”, we may be able to get back into these positions at lower prices.  We could sell deep-in-the-money calls but we would rather do so at lower levels as we build up our cash reserves to play a possible volatile September.

The one good thing about pullback and corrections is that good stocks become cheaper and we can take advantage of shorting bad ones that are overpriced.  We can use put options to play a continued downtrend so don’t fear playing the market when there is a slide because you can make just as much money shorting stocks and buying put options as you can when the market is going up.

With that said, we must also remember this week’s moves are going to be on low volume and we spent a ton of time covering the Fibonacci levels this weekend.  If you haven’t studied the charts and read our commentary, do so today.  We hope we made the technical jargon easier to understand and it’s important to know what the downside targets are and where resistance lies.  The other important factor to remember is that the indexes are still in a trading range and we have given specific targets to watch for as far as a breakdown or breakout.

The Dow is currently down 113 points to 14,832 while the S&P 500 is off by 18 points to 1,638.  The Nasdaq is lower by 56 points to 3,601 and the Russell 2000 is declining 15 points to 1,023.  The S&P 500 Volatility Index ($VIX, 16.42, up 1.43) is up nearly 10% and back over 15.  Watch the 17.50 level.

Again, the targets we have been covering have been pinpoint accurate and will help sooth your worries on where the market is headed until support cracks or resistance is cleared.

Side Note:  Gold is surging to $1,425 after clearing the $1,400 level and the surge has been amazing.  Silver is also on a roll and is north of $24.

We have been fortunate enough to close 12-out-of-13 winning trades since mid-July and our remaining positions could see continued action this week so we will be busy.  Again, we will be entering September in perfect shape and we will be well rested for the battles ahead.

Subscribers, hit the Members Area for the Profit Alerts for our Daily and the Weekly Wrap Premium section for action to take on our Weekly Wrap trades.

SPECIAL OFFER!/ S&P Testing All-Time Highs/ Amazon (AMZN) After the Bell/ New Trade!

Thursday, April 25th, 2013

12:40pm (EST)

The bulls are pushing all-time highs ahead of tomorrow’s GDP (Gross Domestic Product) report and all signs are pointing to a break out of the current trading range to new highs or a pullback and a test back down to the bottom of the trading range.

Amazon.com (AMZN, $272.71, up $3.93) is scheduled to report their quarterly numbers after the close tonight and Wall Street is looking for earnings of $9 cents a share on revenue of $16.2 billion.  The stock trades erratically after they confess to Wall Street as shares have traded up on “bad news” and down on “good news” in years past.

The company has plans to introduce a set top box to better manage its online streaming content and to get more users to shop their site from their TV.  There isn’t a lot of money to be made on the boxes themselves but gaining a potential customer to browse their site and buy things is a cheap way of attracting them.

One company that we have been following for years and is often traded in our Daily is Akamai Technologies (AKAM, $43.00, up $6.91) and is up 20% today.  Shares had been struggling at $36 with support/ resistance and we knew this would be a big quarter for them.  If the growth didn’t return shares would probably test $30 but if they came in with better-than-expected numbers we knew there was a chance shares could fly past $40.

The company reported a profit of $0.51 a share on revenue of $368 million versus expectations for $0.46 a share on revenue of $357 million.  Although we sat on the sidelines, the May 40 calls (AKAM130518C00040000, $3.33, up $2.55) are zooming on the news as they are up 327% on the earnings beat.

We have continued to say Akamai is a takeover target and we have said Apple (AAPL, $409.76, up $4.30) should buy the company.  Shares have hit a 52-week high of $43.42 but have folded like a cheap lawn chair every time they have tried to hold $40.  Maybe this go round will be different.

Another stock getting a nice pop is a small-cap company from our Weekly Wrap.  We have been pounding the table on this incredible growth story for over a year now and we originally profiled the stock at $4.50.  Shares traded down to $3 earlier this year and we said support would hold and that you should back the truck up.  We said once they cleared $3.80 and then $4 they would quickly shoot past $5.  Today shares are soaring past $7 and have traded up to $7.40.

Our Weekly Wrap is 12-1 for 2013 and 56-3 overall since we started the publication and we have a number of other current trades that are doing well.  The newsletter doesn’t get the fame-and-glory that the Daily does because investors are enamored with triple-digit option trades and often ignore they safety of covered call trading or speculative investments and double-digit returns.

Most of our Daily subscribers are yearly members to the Weekly Wrap and if you are not a current subscriber to the publication, we urge you to take advantage of this discounted offer to join us for 3 months at an incredible low rate.  We have made it a reasonable price so you can get in on this s mall-cap stock that is headed to double-digits and we also have a few other gems that could made moves of 50% or more.

Use this coupon code below and associate it with the 3-month Weekly Wrap and you can join us for a over a 50% savings!  The cost is just $129 and is normally priced at $261.

Coupon code:

6FBD9B74

Please click  here to go to the Subscription Link

Associate with:

Weekly Wrap – 3 Month Subscription Only $261 for 3 months

Weekly newsletter – Stock market review and analysis for upcoming week.

Once you signup you will have instant access to our Weekly Wrap by logging into the Weekly Wrap premium section located on our website.

As far as the market, the Dow is up 70 points to 14,746 while the S&P 500 is higher by 10 points to 1,588.  The Nasdaq is advancing 27 points to 3,296 and has kissed 3,300.

We have a NEW TRADE for the Daily today so we have to roll.  Subscribers, check the Members Area for the updates as we have other trades in play.  We will be back in the AM with a full report.

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    The portfolios can be found in the Members Area as well as past portfolios from 2008-2011. Overall, we are 621-273 on nearly 900 real-time recommendations that equals a success rate of 70%. This means, on average, 7-out-of-10 of our option trade recommendations make you money and we hope to have an even better success rate for 2013.

    If you are missing these juicy profits, come give us a try. Get your password to our Members Area instantly when you sign up TODAY! One profitable trade will easily pay for your membership. You can request our 2008-2012 Track Records by sending us an email or filling out the box below.

Trader Comments:
    I just want you to know that I love the way you write and explain everything. I am new to this, and have lost 50% of my account until I met you guys. Iit is slowly coming back. I will be calling to set up a year of membership rather than the one quarter. Thanks again, and LOVE YOU ALL. REGINA L.

    Rick, I appreciate the advice. I think I will just sit back and utilize your selections only for awhile. This will obviously save me a great deal of money in commissions. I have gone thru your entire site including the video on money management. This has brought me to the stark realization that I have been trading too much for too little. I definitely have not been "swinging for the fences", but I also think I have been getting impatient with trades and getting out too fast. This has no doubt caused me too trade too much. I like, and definitely agree on, the advice on money management. Thanks for the help. STEVE T.

    Thank you!!! I held on to the NFLX position since Nov. 13 at a cost of $1.89. Sold ½ on April 14th for a 540% return and the other ½ upon earnings for 702% return. Total profit of $11,615 a 621% return. Keep the recommendations coming and thanks to you and your team for the service you provide. SCOTT H.

    Rick & Team, GREAT Call on NKE for my two trading accounts:
    1) Entry at .65, out at 1.45, 1.55 Profit = $415
    2) Entry at .60, out at 1.75, 1.50 Profit = $485 PETER G.

    Hey Rick! Here is an update on what your picks have done in my accounts.

    1) Great call on the JoyG March 55. I bought when you said, then bought again on one of the dips. Booked 80+% profit. Made enough to pay for your service for years to come.

    2) Also booked profits on your Berk Feb 74 (80%) and threw a major chunk of change at the March 75’s (190+%). I would have never known that Buffet's stock had split if it weren’t for your service. Bought the shares also for the long haul. Won’t look at them for another 20 years. Great job on getting us in before the indexes did.

    3) Took profit on your Imax March 12.5. 20 cent trailing stop at 1.90 yesterday. Not sure what the profit on that was, but profit is profit.

    I see that you took a loss on some of these. It’s all good. I look to trade your “ideas” not your exact calls. I THANK YOU! For your ideas and commentary. Keep up the good work. And keep those ideas coming. LAWRENCE O.

    Loving this subscription so far! I got into the BRK feb 76 calls the day you talked about right before the split...now up over 300% (0.70 to 2.475)! Keep the good picks coming and let's see some OSIS and EMC upside soon! Just wanted to share my positive enthusiasm on your newsletter...it gives us individual investors great ideas on not only the options market, but also the broader equity market! Case in point is BRK...I can't always read the breaking business news but its easy to read your twice daily updates on my smartphone...helped me get some BRK shares immediately after the split which I will hold for the long haul! Thanks again! C.J.

    Aloha Rick - Thank you so much for the great CL pick. I am not sure if there was buy-out/merger news or what but at 3PM today Colgate-Palmolive absolutely EXPLODED to the upside, and my calls turned into green candy when they went from 1.40 to 3.8 in a matter of seconds! I even sold a few for over 4.0! Much thanks and keep the solid picks up my friend, honestly. Only a fool would scoff at 267% gains... Peace! SHAUN

    I like the fact that you ask for comments from subscribers. Good customer service. By the way, am enjoying the service so far. Some good profitable calls. Keep up the good work. MICHAEL K.

    Woo hoo! Out for 50% on WMT this am. Making up for my depression for getting out of pcln for a 30% gain monday :( you the man! any word on the manual? My friend Mike ( who I sent to your service) told me he emailed you about your integrity in reporting fills. I echo that sentiment big time.. keep it up! Cheers!
    PARAG P.

    Hi Rick, as a new member all I can say is, 'show off' LOL, with PCLN. JAY P.

    Rick, I am a new subscriber to your service, and I want to say I am impressed. I am impressed by your results, but more than that I am impressed by your reporting of your fills. You could have easily said you got that Wal-Mart call today for 80 cents, instead you reported 98 cents! Good job and keep it up, I watched the reporting of the fills first, and then I subscribed. Thank You. MIKE

    Hi, good morning. I jumped the gun a little on this one (PCLN). But still made $1,675.00 profit!! Very happy!! Keep up the good work!! Thanks. TRISH D.

    Hi there, I have joined recently, and I am very happy to tell you that I am up over $10,000 on your picks in a month. I started on 10/7 with the Intel pick. I'll be your member for life. Please don't quit on us. Also, I am learning a lot about options. I didn’t get in your recent APOL and that gold trade and only had one loss on CHK. I appreciate all the DD you do. I enjoy your market commentaries. Best advice site period, and I have tried a few here and there. Again, you guys rock! MIN L.

    Thanks be to Momentum Options Trading for providing me with some fantastic wins. I just started with this service and am up nearly 50% in less than a month. There have been losses, but if I manage them properly, I will continue the best efforts given on the blog (in which there are no complaints). What a great cause for humanity. I feel more confident about my trades and continue to play the wins. Best of all, I am now keeping my regular paychecks in the bank! Thank you! JOE G.

    Rick - I wanted to say thanks for getting me started on the right foot with your service. I have made six trades since starting on October 22, 2009. Five are winners and One loser netting me $6,245. Thanks again and keep the trade recommendations coming. GREG F.

    I got into the Nike 60 Call at 1.85, sold at 5.00, also bought a 55 put at 1.05, but got stopped out at .35. What a ride! $2830.00 in the black even with the put. It's right at 100% return. I hope earnings season coming up is going to look like this trade. NOEL

    Nice call on Nike. I think I'll go buy a pair with my profits! : ) I did the straddle for safety but still made 62% on the trade. Not bad for less than 24 hours. If Goldman is right, then the Nov 70s or 75's could be a steal today. TODD F.

    What a sweet way to get introduced to Momentum. My first trade based on your picks and it a 2X. Thank you! PAUL H.

    “Limit order was set at 1.60 on RIMM so it sold. I may have left some money on the table but you can't go broke making a profit. That was a fun trade. Thank you. Good call. I’ve been watching and trading Rick's advice since March. It’s usually a fun ride, but I give him heck when it's wrong to. :) ” NOEL

    “Your service rocks! I made bank on Dendreon last week! The other thing I have to say is that it took me quite a while to find a REAL options trading service like yours. Most of what’s out there is 99% scam and very sketchy. Momentum Options Trading is the first service I found that I can trust and seriously make money with.” CHRISTIAN

    “I made $420.00 on ANF in 2 days. Thanks for the trade and updates on getting out of the trade.” JOHN

    “I did follow a lot of your trades with 1-2 contracts per trade and YTD I’m up 108%. I try not to follow blindly by not entering all of your trades and sometimes entering the ones you don’t. I entered AIG a few weeks ago against recommendation – that one hurt.” CHARLES M.

    “I have been following you for several months and am interested in the new service. I hate to see the free service go away but as they say, “all good things must come to an end”. My ability to join will be greatly influenced by the monthly fee so I’m very curious to see the new prices. Thanks for making April a great month for me and my family.” BRYAN C.

    “I have really enjoyed the past month since finding your blog. You have made some great calls. I would appreciate info. on the new options mentoring program. Thanks.” JOHN H.

    “Hi Rick, I have been following your blog for several months now and I would like to be including on the list for your new service and to receive more information about it. And yes I was a Dendreon winner with your tips. Turned $280 into $7700, and literally saved my butt.” JEFFREY

    “I made over 6k on your Dendreon trade, and I’m very interested in learning how you pick and trade options. Sign me up.” ED

    “Rick – Wow what a day! I got in at the Dendreon calls at $2.25. Thanks to for your advice. I appreciate that. This company has a lock on this type of therapy and no one else in the world is close. Kind of reminds me of the type of companies that Peter Lynch and Warren Buffet suggest that investments be made in. Companies that can build a moat around their business model, that allows them to charge a premium for their product or service. In other words - a monopoly.” GREG

    “Hi Rick, Thank you so much for the Dendreon trade, I made almost $10,000 with that trade with a little over $2,000 investment. You have shown me the power of options trading. Again, thank you so much for all your inputs.” KEN

    “Hi Rick, thanks for the encouragement to play the dendreon calls! did freaking great! Got in the first lot at $1.44 on 3-24-09, sold at $2.45, 70% not bad. Bought it back at $2.30 on 4-7-09 closed out on 4-14-09 for 454% gain! Wow! I love it when that happens. So, thanks the encouragement to get back in when others were saying sell, sell, sell. Keep up the good work.” GARETT

    “Rick – Thanks for Dendreon – it has made all the headlines today! I missed on RIMM earlier, but I’ve been holding onto DNDN calls since 3rd week March. Of course today it all paid off today, as DNDN rocketed up.” TERENCE

    Jan. 31 2012
    Rick, new member...Studied all current trades, did some chart work,picked ZNGA, PEP, MGM...Sold on Feb. 2 for $3600.00 profit...Cost for 1-year membership to your newsletter was less than $1000.00..All I have to say..Thank you. John H –

    3/18/11
    Rick, I purchased 10 contracts of the Nike March 85 puts Thursday afternoon for $2.00. Thing is, I was upset because the puts went down to $1.60 or so before the market closed. Well, needless to say Nike didn’t impress Wall Street and when I turned on the computer this morning the puts were worth $7.10! Sold them for a $5,100 profit!. Thanks again, you are the MAN. Chuck J-

    2/3/12
    Hi Rick,

    I will start off with a thank you for your time and dedication to all
    the research you and your team commit yourself to. This is not me just being excited about the profits I have accumulated aka (bank) ! You have helped me get back to the passion I had of researching stocks/options. Keith N-

    Hi Rick,

    I want to share my great results on GMCR. Based on your comments on February 15th, I bought 20 options at $0.28. They closed today at $7.00, which is a 2,300% gain. My $560 dollars turned into $14,000 in less than a month. In decades of trading, this is my single best trade ever. Thank you! By the way, the Dow was down 228 points today and I could care less. What a great trade. It proves the amazing power of options. I am so grateful for your service, which calls it straight all the time, your options trading manual, and most of all, your amazing skill
    at finding winning trades. I have attached a copy of the trade from
    my brokerage screen.

    Hi Rick,

    Wow!! my account it up 70% since i joined last month and market is going the opposite direction. Really appreciate your service. I just wanted to drop a note to say THANK YOU. Hope to be with you guys for a very long time. Mel

    Rick,

    Great call on Fosl I bought the may 120 puts for 3.70 yesterday morning just sold for $32.00 today
    Keep up the great work
    Thank you, Henri

    Rick –

    I bought 10 Deckers Outdoor (DECK) May 55 puts at $0.50 on 4/26/12 and sold them on 4/27/12 for $1.65. I made $1150 in one day. Thanks. I knew something good would happen sooner or later.
    HOW THE HECK did you know Green Mountain Coffee (GMCR) was going to go down 20 points???!!!! I bought 10 of the May 35 puts at $0.49 and then 5 more at .30. I sold them at 5.80. Thank you again.
    You have made a believer out of me. Alan

    Rick –
    I have only been a member for about 6 weeks but I have done well on most of the trades. My first two were QQQ and SPY a month ago and since then I've gotten into the groove and been doing well.
    I try to execute the trades that you recommend as soon as you send them out, sometimes I can't and I miss the Entry price. However, sometimes when I miss the Entry, the price goes down and I get a better price.
    That's exactly what happened with GMCR.
    You recommended it at around $.81 I think, but by the time I got to it, the price was $.27. I bought 100 Puts on Wednesday May 2, 2012 and sold half of them 24 hours later at $5.95 for a nice 2,203% gain. As per your recommendation, as GMCR went above $30 I sold the remaining 50 Puts at $5.50 for a slightly less 2,037% gain.
    On average that one trade netted me a 2,120% gain, entirely based on YOUR recommendation (and a little bit of luck). To put this in real terms, I risked $2,700 on Wednesday and pocketed $54,550 just 24 hours later.
    So uhh, let's do that again real soon!!
    Feel free to use my name. The tax guys have me on speed-dial already anyway. Dennis

    Rick:
    That was awesome on your GMCR pick, I know how risky it can been holding into earnings but you pulled it off. 
    I just started my autotrading with you today and am in on your QQQ play. I look forward this service. 
    I have a busy career and I have tried to follow and trade throughout the day and found it too hard. I hope you continue to have a great year, I plan to go along for the ride. I am starting slow but will pile more in once I have secured some profits. 
    Keep up the good work your trading has been spot on. I am sure you paid your dues to get this point in your career. Anthony

    Rick:

    Great call on GMCR!  I have been trading for about 15 years actively.  This may be the best trade I ever made.  Got in on Monday, April 30 and the stock was up from when you recommended it.  It went up further after I got in.  Here are the facts:
    Monday, April 30th: Bought 15 June 37's at $1.25= $1900 approx
    Thursday, May 3rd: Sold 15 June 37's at $9.30=$13,950
    Gain for the week: $12,050.
    I understand you will not get them all right.  It’s important to ride those winners and as you could tell from my selling price, I sold when the stock went to $28.10, so left a little on the table.  Who can complain.
    Keep the suggestions coming, looking for another jump on your FSLR, one that I have been riding very hard.
    Best regards, Bob
      

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