December 2010 Expiration

December Expiration’s commentary on wins and losses:

IOC:

IOC was the other half of a slight hiccup in our strategy that we experienced last month! If it weren’t for this position, we would have posted an enormous gain for this month! We expected this security to continue to rise and all we were looking to do was to break even if it did. However it meandered up and down, until finally, it stayed at it’s lower level!

WLT:

We ended the month with a nice gain on this position. This position shot up very quickly, and we opted to take quick profits on this one. However, some of our subscribers decided to hold for additional gains. There are some subjective holds that we alert our subscribers to from time to time and this was one of them. Sometimes they work and sometimes they don’t! We tend to get out ASAP because we rather come out with a profit, than kick ourselves in the but for a loss. This was a very nice gain, and wiped out the loss on our other position this month! Overall, the month ended with gains in our accounts!

Special Note: We only had 2 positions that we were working on for this month. This is a result of our previous month’s loss, which limited our margin, along with the lack or good trades. We expect to see a vast difference this month, now that we have gotten out of these 2 losing positions.

That’s all the commentary for now, till next month’s expiration! It’s been a great year with overall gains! We will be posting our numbers at the end of the year!