Royal Flush

By: Lynn T | Mon, Apr 28, 2008
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4/27/2008 11:08:29 PM

Royal Flush

We've just been dealt one. Here's what to do.

Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.

The SPY continued to move higher on lighter volume, keeping us within the channel of the up trend. At this point in time, all of my indicators are pointing up, placing us in full bullish bias mode. Be careful out there, the bulls are loose and they have sharp horns. Sharp horns can prove distracting if not handled with finesse and care.

That means it's not necessarily time to stare down the bulls with our best poker face. Playing the great hand that has been dealt to us could have a twist. A twist that could have us giving back some of our hard earned money. The house always wins - or so they say. Our method of backing down 1/3 at a time (if need be) will make sure we leave with our shirts still on.

Add another 1/3 bullish position (see new weighting below).

Current Weighting Suggestion:

3/3 in Bullish Leverage

You can email me with any questions at plus@stockbarometer.com.

Have a great week!

 


 

Lynn T

Author: Lynn T

Lynn T
+ 1-2-3 PLUS Alert +

Various levels of Leverage can be achieved with the following funds or trading vehicles:

Direxion
S&P 500 Bull 2.5x Fund (DXSLX)
S&P 500 Bear 2.5x Find (DXSSX)

Rydex (Rydex Accounts have morning trade options for AM pricing)
S&P 500 2x Strategy (RYTNX) - Bull (Titan Fund)
Inverse S&P 500 2x Strategy (RYTPX) - Bear (Tempest Fund)

Profunds
Ultra Bull Fund 2x (ULPIX)
Ultra Bear (inverse) Fund 2x (URPIX)

ETFs (ETFs can be traded intra day like stocks)
ProShares Ultra 2x S&P500 (AMEX:SSO)
ProShares UltraShort 2x S&P500 (AMEX:SDS)

Note: while the system will work with the DOW and NDX related funds and ETFs, it is tuned to work best with the S&P.

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