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Well a week went by plus most of this week and so I am going to give an update of some keys points in my notes that bear mentioning. . . <b>Pre-week:</b> Things have changed to some degree. Not only are IBD growth screens starting to yield more stocks with top fundamentals and sound...

To continue, despite some difficult market conditions while I was tracked at Collective2 and EliteTrader <b><i>for 6 months</i></b> from the end of May until the end of November 2007. I also graphed using my own excel charting each daily bar and Nasdaq comparison chart...

Well there you have it (granted it is still early in the trading session). A HUGE amount of leading stocks (top fundamentals & technicals) up in volume. The market must have been waiting and liking the new FASB rules now implemented. :p

Yesterday's gains were nice with volume increasing on the Nasdaq. The late-session pullback didn't have as much "bite" as the previous day. Asian markets rocked overnight with the Hang Seng up 7.41%! Meanwhile, overnight futures brought the Dow close to 8000. Today will be interesting...

Booyah! :p

Well JB, we jammed right through that with the overnight futures! p$

<b>"So in 2006 we achieved again comparable expected results and we were off into 2007 where I came to the forums of ET in May."</b> We dilly-dallied for the first half of 2007 using my covered call strategy. Very similar to 2006 - a divergence with the benchmark indexes, as seen from my...

Yesterday's gains were in higher volume than Monday. . .which is again healthy. The late session pullback from the highs didn't feel nice - especially when I had increased my LONGS at the early lows. Overnight I went lighter. . .but as support held in the early going today - I LOVE IT WHEN...

<B><I>SO FAR</B></I> the market continues to act well. It had run up 24% in a very short time. It had run up 9% during the time we could even allow for a shift from our SHORT "swing" positions to going LONG. Of course we still have scant leadership, but top stocks have been keeping pace...

But I maintained my course, with each step confirming that I was on the right track. In fact there has <i>never</i> been anything but total support for this approach with each turn from beginning to end. There has never been ANYTHING that has ever said - maybe this is not going to work like I...

Fortunately (which is usually the case, except for the present abysmal, prolonged 2 yr. market period with the <i>rare</i> tradable market rally) the market did bottom and I moved into stocks in March 2003. This generated - using up about 1/2 of the available margin and on occasion an...

I don't have any brokerage statements to show you, but in 2002 I liquidated $20,000 from my company 401k account (I was a Sr. Optical Engineer for KLA-Tencor, Inc.) and began trading my covered call approach. I also set-up and launched my "Training Institute" website. I figured I would need...

I know that many here <i>just aren't that interested</i> in the pursuit and accomplishment of compounding a decent annual average over multi-year periods, but when you now see what attaining this goal can accomplish. . .the results are undeniable. So if you are in a category of people that...

OK, just to put things in their proper perspective here is an example of a 20 year mutual fund chart with an initial and final investment of $20,000 compounded at a 10% annual return (CAGR). What had been achieved on paper for 3 years at a 52% CAGR took <b><i>13 years</i></b> with your...

To continue, when the tech bubble burst the stock market was about as insane as it has been during our latest bear market. For the long-term investor, <b>capital preservation</b> must immediately be bumped to the front as your main focus. Fortunately, the stop-loss methods in place made...

Actually the next 12 months of paper-trading again unveiled real good results. We didn't encounter much of any downtrend or have to move to cash for the better part of that period: In fact with a 30% drop in the Nasdaq, our equity (by scaling back positions) fell no more than 20%...

Well, no one said the <i>evolution</i> of this trader/ money manager was a cake-walk or would be easy. "It is what it is." So be patient as this chronicle will eventually touch on all of the points. But let's start with 1998-1999: As you can see, the market and equity dropped for 4...

Stocks took a step back Friday, but finished higher for the third straight week. Volume fell sharply on both exchanges, a sign that professionals didn't rush for the exits. Leadership still scant. On a bright note, few leading stocks got hurt. About 85% of the stocks in the IBD 100 - a...

Stay tuned. . .we will soon arrive to the present and the use of index futures.

As Murphy (law) would have it, just when I set up my routine and started logging into a spreadsheet all of my trades. . .you guessed it. The market caught the "Asian Contagion" and went into a sharp and severe downturn. Nearly every stock went with the market by the wayside and hit my stop...