Ok. Here yugo. Wondering what paysense has been doing with all his lofty assertions throughout all this market turmoil?
Well he doesn't take too much guff from the "so-called" elitist. Not much you can say once success plays itself out and short-termers get pummeled (lol).
NOT TO MENTION (interestingly) NOT 1 poster has presented what would be in keeping with a competition to these asserted goals (i.e. naming a fund track record), very exciting indeed!
My web-based services continue to track per the usual. After all I been managing what I term as "the best performing fund on the planet" for umpteen years.
No I am not a dummy and don't make absurd expressions that don't stand the test of time, and despite all the arguments against - not one has presented any real credibility toward saying it isn't so:
(a) Covered calls can't do what I say - and of course there must a better-working trading method.
(b) Money has to be made on the long and short sides of the market or "slippery money" will vacate.
(c) The big bull gains dictate that a much larger near-term performance is expected.
(d) real-time statistics just aren't measuring up to stated past performance at web-site via Collective2.com.
So what do I know? I know that if a low-beta equity curve AND contained drawdown that can produce an AVERAGE 50%+ annual return will have unlimited business and gains that literally won't need it.
So how have we done. First off what I've been doing since the early part of the century/decade as stated at my website is ENTIRELY real.
Second results that are produced are entirely dictated by what the market throws at you (at least for my long-only funds at my site) - hence late-stage bull markets will spend more time treading water (minimizing losses from HUGE past exponential gains - which OF COURSE makes or breaks ALL mid- to long-term fund performers) as frothy (albeit short-lived) gains - such as seen in 2007 - will be lost in a heartbeat and my fund management dictates that not much gains (despite the need that many had to continuously point this out these past 6 or so months) are made during such periods.
WHAT DO I KNOW - well pretty much what has just transpired and what VERY LIKELY will continue - namely vehement moves to the downside washing out the less-fortunate players.
OK I do make gains (if given a few months lol) at my C2 account WHICH DOES utilize my highly-accurate Market Direction calls (called near-exact top 26-Jul-2007, near-exact bottom with the 29-Aug-2007 follow-through and now the recent 08-Nov-2007 top call as we again cashed out of all long positions). In all fairness - although having moved into some new long positions we actually waited until 18-Sept-2007 to issue our "Green Light" call.
So you see this is ALL routine and vastly powerful for my fund management - which has capitalized with (on more than one occasion recently) about 25% in gains - once long positions were drawn down - during market downtrends. This effective addition to my already heady average annual return - already using conservative techniques - WILL blast my average up to about 75%+ per year.
So as things unfold try to pay attention (pay sense) to what ACTUALLY should be an account managers goals and dreams - AND what to look for when you analyze to see that I actually continue to meet these goals.
PLUS am and have ALWAYS been entirely transparent and honest with results/assertions ALL THESE YEARS. It is just a matter of a short while more when interested parties will be compelled to join forces.
-ok let's see if i can finish this rah-rah post before lunch and the 2nd half of the Michigan-Ohio State game-
In all fairness these first two graphics are a strictly long-only (covered call) fund that as stated above will not gain much traction in a 2007 late-stage bull market - yet knows when to cash out - and does produce the long-term results (see 8 yr. performance below).
And this is my 5.5 month C2 Fund finally gaining traction that I expect - with or without a recession - to be +50% within 6 more months. Below is versus the Nasdaq, which OVER TIME is the only comparable metric.
Once we get through the froth and the deep correction "fanciful" gains will stack on top of this (albeit hypothetical) representation of what compounding these 20k funds (started each year at my training site - "the world's only LIVE covered call fund that happen to beat ALL funds that I've seen) with a $200,000 account that compounds over the years with no added funds.
OK and yes, during this seemingly long but actually quite short timeframe of 6-9 months, sit back and watch the hopeful participants begin to line up!
After all what markets can throw at you IS ENTIRELY the gist as most newbies (albeit successful 2-5 year traders) as WE CONTINUE to see unfold as the weeks progress.
"What's in your wallet?" The hope of taking 1/10 your net worth and making your money work HARDER for you with very comfortable risk so that it equals your net worth in less than years you can count on our hands.
The real value is where that can grow in just 5 more years. Can you say tens of millions of dollars? The downside is contained, too.
Stay posted!! Just keeping a more exhaustive track record since I will be moving into newer successes in the next couple of years.
Paysense