Money Making Book: An Investor's Guide to Options Trading
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August 28, 2007

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There is a risk of loss in all trading. Past results are not necessarily indicative of future results. Results shown here should be considered hypothetical. Hypothetical results do not correspond to actual profits or losses.

Trading ALERT! Our position reversed today!

Alert #080  October 11, 2006      PRINTABLE VERSION

Wednesday October 11, 2006 

This is a TRADE Alert !!!

After a negative open the Dow recovered and pushed above the long entry trigger point of 11,874.74. With that we closed the short position and established a new long position.

When the Dow reached the trigger point the DIA was trading at 118.76 and the December Futures were trading at about 11,935.

our position reversed from Short to Long Short today.

The stop price from now until Friday is 11,653, which is unlikely to be a factor.

Jim Patterson



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The Dow Double Diamond system was designed for trading the Dow Diamonds (symbol DIA). Some investors may choose to use the system with Dow or Dow Diamond futures or even options. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

There is risk of loss in all trading. Past results are not necessarily indicative of future results.
Results are hypothetical. Hypothetical results do not correspond to actual profits or losses.

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