October 2011 Expiration
October Expiration’s commentary on Wins and Losses:
This was an excellent month! A true testament to our winning system…
We wanted to take the time to pat ourselves on the back, and from the numerous emails from our subscribers, we are obviously not alone in our self-praise! This month topped all expectations and we had the biggest gain since we began the service!
The numbers speak for themselves: 15.6% gain for the month! +50% YTD…
However, by far, the bulk of our subscribers are very impressed with how we have also set up the following month’s trades. We can effectively coast through the month, because our positions are relatively hassel free, unless we get some serious gaps in the market! We will probably initiate 1 more position, if our other positions pan out the way we have set them up.
Here is how we ended this month:
Cliffs Natural Resources was a victim of the general market girations which plagued many securities last month. Ther was nothing especially wrong with this company which saw it’s stock price plummet. We were even surprised of how far this security fell ourselves. However, because of our system, e were able to capitalize on this opportunity, and this security gave us the largest percentage gains for the month.
This security was devastated by comments about the integrity of its books, and as a result, was run over by traders shorting this security. Sadly for our subscribers, we were not able to take advantage of the significant drop in the company’s shares. Unfortunately, we had already taken our gains on our winning position and were powerless to watch the security fall at the last stages of the expiration period. Was a nice gain, but could have been 10 times as nice!
VMW was an uneventful position which did exactly what we thought it would do. This was a hold from the previous month’s expiration period and we held because the returns were just that good! The position gave us a little scare towards the end, and we decided to close one of the legs. But this was done simply to preserve gains. Had we held this position, we would have still come out unsacved, but we didn’t want to take the chance at it turning into a loser!
We encourage our subscribers to keep the emails coming…
That’s all the commentary for now, till next month’s expiration! This month was a KILLER MONTH!
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