OPNewsletter May 2010, +11.6% (Open)
Published on May 10, 2010
Published on May 10, 2010
A painful week for worldwide stock markets. I think most are happy that it’s over and a new week has begun with a solid tone!! On last Thursday, Dow suffered the largest point drop in a single day in its entire history. For OPNewsletter May 2010 , we are up +11.6% with 2 weeks to go. These results don’t include gains on speculative trades. (If you are not an OPNewsletter member and would like to sign-up, pls click here to sign-up for the waitlist as OPNewsletter subscription is open via invitation only).
Here are some of the key highlights of OPNewsletter commitment over the past week-
I don’t know how many of you could really take benefit from all this, but this was one of the fantastic panic sell-off when almost $1trillion has been wiped out from the Markets and we could still do well. Every individual has his/ her tolerance for risk and greed, but it was a time when one equipped with the above information beforehand could have really make a lot of money.
All the above efforts required huge time commitment (especially during the time when pain was reigning almost everywhere) and it limited my opportunities to personally benefit. In fact during this time, my personal portfolio took a hit but I was able to ride some on Friday and then positioned myself for a deeply positive Monday (2x SPX) (For reasons I shall share later in a separate post, so look out for the new post) and I hope to be net positive by coming week itself.
Albeit, if nothing else, at least, with this note, I would like to take this opportunity to highlight the commitment OPN has for its members. This is also one of the reasons why OPN has limited number of subscribers. I sincerely appreciate the positive feedback that you send time to time. Pls continue to share your thoughts/feedback as it works as a fuel that needs to be refilled especially during such times.
If you are not an OPNewsletter member and would like to sign-up, pls click here to sign-up for the waitlist as OPNewsletter subscription is open via invitation only.
Should you have any questions, pls let me know,
Warm regards, OP