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OmniVision Technologies, Inc. Message Board

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  • luckyone581 luckyone581 Mar 9, 2008 7:28 PM Flag

    Get A Clue LUCKYONE

    I think first of all you need to get some new glasses.

    If you read carefully, I mention MA's on both the daily and weekly charts. The weekly MA's will always be more telling.

    Second of all, I have been reading charts for 30 years and as far as that talent is concerned I can bury anyone that wants to trade jabs with me on charting.

    Last but not least, my charting has paid dividends consistently for me and for those people who have joined the service I provide. Of course, it is also tied in to a sensible trading strategy that incorporates using only 4-1 or better real risk/reward ratios as well as confidence in getting involved at the entry and exit points I mention.

    I have been putting out a weekly newsletter since Jan 1st 2007 where I outline my picks for the week "in advance". Below are the results of all my newsletter mentions. Take special notice at the fact that the figures are not only real but the percentage of profitable trades not necessarily impressive. Nonetheless, take a close look at the end results.

    As far as being dismissed by you, all I can say "so what?".

    Here are the results of all my newsletter mentions for 2007.

    Yearly totals:
    Total amount of trades for the year = 188
    Total amount of different stocks traded = 85
    Total amount of profitable trades = 83
    Total amount of losing trades = 105
    Total amount of months showing profit = 10
    Total amount of months showing loss = 2
    Percentage of trades/mentions profitable = 44%
    Total trades on the long side = 96
    Total profitable trades on the long side = 41
    Percentage of long positions in profit = 42%
    Total trades on the short side = 92
    Total profitable trades on the short side = 42
    Percentage of short positions in profit = 45%
    Total amount gained on profitable trades, per 100 shares = $20,114
    Total amount lost on losing trades, per 100 shares = $7598
    Total amount paid in commissions per 100 shares per mention = $2758

    End result of all trades for the year = Profit of $9758, per 100 shares of each mention

    By the way, you can add to these figures, profits for both January and February of this year totaling already $1810 per 100 shares after losses and commissions have been subtracted.

    Good luck to you, with your attitude you may need it.

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