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Archive for the ‘European Union (EU)’ Category

IMF Lowers Global Growth, Bears Bite

Tuesday, October 9th, 2012

12:35pm (EST)

The market is treading water today following comments from the International Monetary Fund (IMF) after they cut their forecasts for global growth and warned of a world-wide slowdown.  More importantly, they believe France, Spain, Greece and several other Eurozone countries won’t meet their budget-deficit targets they have agreed to.

The bulls brushed off the news at the open and tried to push positive territory but Tech has been weak and the chaos in Greece is weighing on the indexes as well.  Economic news will pick up starting tomorrow and the nonfarm payrolls report is still being questioned.  With jobless claims coming up on Thursday, Wall Street will be looking for clues on why the rate dropped from 8.1% to 7.8%.  Perhaps more people are selling items on eBay (EBAY, $46.74, down $1.18).  (read more…)

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If you are not a subscriber but would like to read more, please click here.  We are one of the fastest growing stock options trading advisors on the internet and we are doing tremendously well for 2012. 

Since mid-August, we have closed 21-out-of-23 winning recommendations.  We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter and our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and is 24-0.  Together, we are 135-45 (76% win rate) for both newsletters and we doubt you will find a hotter options trading service.  

Here are some more winners so far this year:  +576% on GMCR,+475% on AXP, +292% on COF, +171% on FSLR, +131% and +114% on 2 MGM trades, +200% on SGMS, +107% on AFL, +100% on STX, +82% on TSM and +125% on MSFT just to name a few. 

Our average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours.  We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap.  We are excited about the last quarter of the year.  

If you are not yet a subscriber, come see why jaws are dropping for those who follow Wall Street and options trading.

Germany Approves ESM

Wednesday, September 12th, 2012

9:00am (EST)

The bulls evened the score on Tuesday as they were able to hold on for the win following a strong start.  The indexes came off their highs as nervousness set in ahead of this morning’s key vote in Germany and the impending Fed news on QE3 but hit key milestones in the process.

The Dow jumped 69 points, or 0.5%, to end at 13,323.  The blue-chips finally made a fresh 52-week and nearly 5-year high after kissing 13,354, up 100 points.  The Dow cleared our 13,350 target once in the morning and again in the afternoon which opened the door for a pop to 13,500-13,600.  Support is at 13,200 and then 13,000.  

The S&P 500 gained 4 points, or 0.3%, to settle at 1,433.  The index kissed 1,437.76 intraday but fell short of Monday’s 52-week peak of 1,438.74 despite pushing green all day.  We have called for a run to 1,450 with the possibility of hitting 1,500 this month but a close below 1,400 would be bearish.

The Nasdaq edged high by a half-point, or 0.02%, to close at 3,104.  Tech was in danger of ending in the red and below 3,100 but turned positive again late in the day to finish above support.  The low for the day was 3,099 which occurred about 30 minutes before the closing bell.  We still believe the bulls can trip 3,250 but a close below 3,100 and then 3,050 would signal the end of the recent uptrend.

The Russell 2000 added nearly 3 points to finish at 841.91 and is a six-pack away from a new 52-week party.  The S&P Volatility Index ($VIX, 16.41, up 0.13) traded down to 15.46 before ending slightly higher.

Futures are showing a strong open after Germany’s Constitutional Court approved the European Stability Mechanism (ESM) which was a big relief for the bulls:  Dow (+46); S&P 500 (+5); Nasdaq (+15).

Bulls Looking to Keep Momentum

Monday, September 10th, 2012

9:00am (EST)

“We factored in a possible 1%-2% move for the market on Friday based on what Bernanke did or didn’t say and at one-point the indexes were up nearly 1.5%.  There was plenty of volatility at the open and once the fireworks began but the trend was higher after Big Ben said the Fed WILL print more money, we mean, provide more stimulus.

Here is the money sentence that gave the bulls the green light:

“Taking due account to the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability.” (END)

The knee jerk reaction was expected but Big Ben basically checked the pot back to Mario Draghi which gave him two more weeks to see what Europe does.  The Fed and its members should be mum until they meet again on September 12 as there is technically a week-long blackout period ahead of the meeting. 

Draghi has cried wolf more times than we care to count and he will take center stage again on Thursday (September 6) as the European Central Bank (ECB) meets.  The market is expecting the ECB to announce some kind of bond-buying program but there is, believe it or not, a chance they delay an announcement until next week on September 12 which is when Germany is expected to vote on the European Stability Mechanism (ESM).     

To review, the ESM provides “financial assistance”, or bailouts, to the members of the eurozone who need financial aid.  We have mentioned all summer long Germany has grown tired of flipping the bills for the struggling counties like Greece and Spain and is expected to vote on the treaties that were established for the fund.  Back in July, a German court looked into the complaints of the constitutionality of the ESM and this vote could be crucial in if the euro gets saved or not.  If Germany does give the okay for the ESM to establish a permanent bailout fund, the markets should rally, but again, this news isn’t expected until next week although there has been a leak.  Germany’s Finance Minister, Wolfgang Schaeuble, has gone on record saying that he does not see the Constitutional Court blocking the established treaties so Draghi could be safe if he gives the market something to nibble on.

The Dow Transportation Average showed signs of life on Friday and will need to break out of its downtrend if the bulls expect to test new highs.  The index trended lower all summer before the August bounce and pullback which is in danger of falling below the uptrend line.  A close below 4,950 on the Dow Transports could spell lights out for the bulls.  A close above 5,050 would be bullish. 

Commodities also made a nice move and we mentioned midweek gold and silver were on the verge of breaking out:

 

This week has the potential to be bullish as the charts favor the bulls.  The Tuesday after Labor Day is usually bullish and it is the first trading day of the month.  With the suit-and-ties coming off their August vacations, they will be anxious, or forced, to buy stocks if the market gets off to a strong start and the rally resumes.  

There are several U.S. economic reports slated for the week with Friday’s Nonfarm Payroll report and Unemployment numbers which could help or hinder any momentum.  This week’s headlines will likely get the market back at resistance or short-term support.  This means the indexes would again be at crucial levels heading into the following week which will also be packed with Tech news.” (from 9/3/2012 Weekly Wrap/ Monday Morning Outlook)…

The bulls made a run at new highs after the European Central Bank (ECB) promised unlimited QE (Quantitative Easing) by targeting bonds of the struggling nations in the eurozone.  Mario Draghi, president of the ECB, delivered exactly what the markets around the world wanted to here. 

Friday’s unemployment news was a disaster but the market inched higher as Wall Street now expects The Bernanke to spring into action as soon as this week.  The bears are left with few options as they try to hold down the last layer of resistance and this week will be crucial with Germany voting on the constitutionality of the bailouts and the FOMC Rate Decision on tap. (continued…)

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If you are not a subscriber but would like to read more please click here.  We are one of the fastest growing stock options trading advisors on the internet and we are doing well for 2012.  We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter and our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and is 24-0.  Together, we are 123-37 (77% win rate) for both newsletters and we doubt you will find a hotter options trading service.  

Our Weekly Wrap Covered Call Portfolio is now 24-0 for 2012.  We were 16-0 in 2011.  Some of our sweet returns include +55% on SZYM, +27% on CLNE, +38% on VVUS, +19% on MGM, 18% on DNDN, and 20% on DAR.  Remember, if you can make 20% on just 5 trades, you will double your money.

Bulls Riding Crazy Train

Friday, September 7th, 2012

9:00am (EST)

All Aboard!!! Ha, ha, ha….

We played a classic at the office headquarters this morning to get our day started and there was no introduction needed after the bulls pushed new multi-year and decade highs yesterday.  Mario Draghi and the European Central Bank (ECB) said exactly what the market wanted to hear which lead to a bull jailbreak.   

The Dow zoomed 245 points, or 1.9%, to close at 13,292.  The index easily cleared 13,200 and challenged 13,300-13,350 which is the last line of resistance before new 52-week highs.

The S&P popped 29 points, or 2%, to settle at 1,432.  The index went out at its high after clearing our 1,425 target which sets up a run to 1,450.  Yesterday’s close was also a 52-week and 4-year high for the S&P.

The Nasdaq soared 67 points, or 2.2%, to finish at 3,135.  We mentioned once 3,100 cleared there could be a push to 3,150 which is less than a half-percent away.  Tech closed at an 11-year high. 

The Russell 2000 added 17 points, or 2%, to end at 838.  Here were our thoughts Wednesday morning as we could feel something in the air from Tuesday’s close:

“The big story for the day that the talking heads failed to mention was the Russell 2000 which was up 10 points, or 1.2%, and closed at 822.  The move above 820 was super bullish and gets 830 back in play which was last seen on May 1.  The small-caps traded to a high of 823.77 after testing 807 in the morning.”   

We mentioned in our Weekly Wrap the charts were bullish for this week and that the Wall Street pros could be forced to buy stocks after coming back from vacation if there was a rally to resistance and a flood of buying.  Bingo.

Of course, we gave you an early clue on Wednesday there was a strong bid in the market but with everyone all of a sudden rushing to one side of the boat we now have to be careful over the short-term.  While there may be a continued rally, yesterday felt a little like a bullish capitulation day and Germany still has to approve the ECB’s plans next week.

Futures are showing a positive open despite a worse-than-expected Nonfarm Payrolls number which we will cover this afternoon.  Dow futures are up 22 points to 13,297 while the S&P futures are higher by 3 ticks to 1,434.  Nasdaq 100 futures are down a half-point to 2,825.

Subscribers, check the Members Area for the updates.

All Eyes on Europe

Tuesday, September 4th, 2012

9:00am (EST)

“The market has another week of August before September rolls around and it is usually the most bearish month of the year according to the history books.  August also has some bearishness to it but so far the market is up for the month.  Last week’s charts for the major indexes and the VIX showed an almost certain test to the 52-week highs and while the S&P 500 technically cleared this level, there was no “fluff” to new highs.

A pullback following a test of the 52-week high is a normal market or stock reaction.  The current market is so technical and is falling right on the support and resistance lines we have outlined that we should get a really good read on a possible breakout or breakdown.  We went on record last week and said the market could move 5% in September and 10% by year-end up or down depending on the headlines.

The targets we gave were Dow 14,000 or 12,600 in September followed by 14,500-14,600 or 12,000 by year-end.  The S&P could be at 1,500 or 1,350 next month which would lead to 1,550 or 1,275 by Thanksgiving/ Christmas.  The Nasdaq could push 3,225-3,250 or 2,925-2,900 in September and then 3,375-3,400 or 2,800-2,775 on continued strength or weakness. 

There will be a ton of speculation on what Ben Bernanke might or might not do or say this Friday and over the weekend when the central bankers get together in Jackson Hole.  The zombies still seem split on if another round of quantitative easing will really work and we have said how the Fed only has one bullet left.

People seem to forget that extending “Operation Twist” and the extended bond buying before that by the Fed was actually QE3 and QE4 so any new stimulus by our count would be QE5.  Nothing is working and the comments from James Bullard last Thursday, a member of the FOMC, rehashed how little impact these programs have had.  Yes, the first QE worked well most would agree but the real problem is the world governments want growth but growth is slowing and consumers are cutting back. 

 Perhaps a “saving of the euro” and another round of QE will take the market to new highs but there are so many storm clouds ahead that it is imperative we keep our eyes on the road and our hands upon the wheel.  We will continue to roll with the bulls and have a real good time but be ready for a trend change if Big Ben lets the market down and Europe kicks the can off the road and into a ditch.” (from 8/26/2012 Weekly Wrap/ Monday Morning Outlook)…

The bears had the weekly edge heading into Friday’s “Black Hole” as the Dow was down 158 points; the S&P 500 a dirty dozen; and the Nasdaq was off by a hand of blackjack.  The support targets we gave last week held like a rock and Friday’s rebound was a direct result of Ben Bernanke promising more quantitative easing.  Although it wasn’t enough to win the week, the bulls won August and could have a September to remember if Europe delivers some good news this week. (continued…)

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If you are not a subscriber but would like to read more please click here.  We are one of the fastest growing stock options trading advisors on the internet and offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter.  Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis.  Together, we are 121-36 for 2012 which is a 77% win rate for all of our trade recommendations.

Our list of winners also include+576% on GMCR,+475% on AXP, +292% on COF, +171% on FSLR, +131% and +114% on 2 MGM trades, +200% on SGMS, +107% on AFL, +100% on STX, +82% on TSM and +125% on MSFT just to name a few. 

Our average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours.  We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap.  We are excited about the back half of the year and a possible break out of the recent trading range. 

If you are not yet a subscriber, come see why jaws are dropping for those who follow Wall Street and options trading.

 

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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.

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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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