OPNewsletter closed May’09 for +9.48% x-commissions and +6.76% inclusive of commissions. As I stated earlier, after many months of waiting, we crossed our 60% portfolio investment target. It’s always an advantage if the capital was preserved. Yes we did have a few months of low returns, but that preserved capital…
Option Trading is equally useful to retail traders and can generate consistent income if used properly. Hope you enjoyed the free trade alerts for some earnings play (You may sign-up for the Basic membership that is free till Dec 2009) A Fantastic week for OPNewsletter! We played HAL, IBM, UPS…
Gold is oversold, that’s the theme of this post. Through yesterday, gold has been down and down, almost everyday since hitting high in Mid July’08. Attached chart has a simple technical analysis and both RSI and MACD are in the oversold area. Each time we saw this low, Gold rallied…