Much higher today Everything surging RIMM up HUGE goog aapl bidu everything FXI up huge massive buying I don't fail. When I say time 2 buy it is.
The way my picks work is you got to hold though the dips because when my stocks rebound they rebound huge. Even GOOG is up 5% when the nasdaq is only up 1.3%. Thats why my index and stock picks cruch the market. When the market selloffs, my picks do go down, BUT when the market rebounds (even just a little) my picks don't just match the market but exceed it by an enourmous margin. Citi, lowes, bsc, home depot, best buy. wall mart, and other crappy stocks don't do that. Only the stuff I recommend does. The key is buying the stocks and ETFs that exceed the market.
You're down 20% from the peak prints. What of your FXI call recommendation with the ETF at 217? The calls are down 80%; are you going to underwrite out losses?
Technically speaking, when adjusted for risk your portofolio probably doesn't outperform the market. I don't really subscribe to this philosophy (b/c I trade futures, which is the riskiest trading out there) but most on the investing community does. If/when the trend reverses, and assuming your stocks reverse with it, your portfolio will outperform the market on the downside as well. If you hold assets that are riskier than the market then you have to have some sort of contingency plan for when the bull run is over. It doesn't seem you do so your investing method will work until it doesn't work anymore. The market will not go up forever so you need to have a plan B -- i.e. "I'm selling somewhere....."
I bought them when FXI was at 205 or so. They dont expire for another month. The mathematics is such that I have a 90% chance of being in the money based on historical data.
You're full of shit and your math ends with basic arithmetic. FXI was trading 215-220 based upon your time stamp. The implied [and stat] vol for Dec would suggest you have the math inverted -- you have < a 5% probability of seeing FXI North of 220.
Um no look at the chart. FXI almost never makes a dip that lasts longer than 2 months. In less than a month it will be much higer and I will have made money.
just dont feel that kind of bullish push anymore for FXI to go up...price action has changed considerably....