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Wednesday, November 28, 2007

Analysis Of Market Trends During A Correction

Well, we had nice update in the market yesterday. Today, the markets are on another upward tear.

Looking at the charts, this market remains dramatically oversold. It is not surprising that we are seeing some significant buying at this point in time. The markets have sold off more than 10% during this most recent correction. It is during such corrections that investors are likely to step in and add to their long term equity holdings.

If you are long-term investor, you made very well be part of the buying. For those with a shorter term perspective, you will want to be somewhat cautious because it is not clear that the correction is over. There remains a significant concern that the US economy is on the verge of recession.

If you are considering "getting along" in a particular stock or index product, remember the old saying "the trend is your friend, except at the end." It may be prudent to perform some analysis of the current trend. Obviously, this can be done utilizing any stock charting or technical analysis platform that you may choose.

For those who are less confident in their own abilities, you might consider taking advantage of a complimentary service. Just type in a ticker symbol and your e-mail address, and INO.com will e-mail their trend analysis to you.

Complementary INO.com Trend Analysis

Keeping your eye on the trend will significantly improve your odds of success. Even with the current correction in play, the stronger stocks will exhibit and maintain upward trending characteristics. Weaker candidates are likely showing telltale signs that any bullish run they have experienced is now over.

Corrections are difficult to deal with for the average investor in trader. However, for those who understand how the markets operate there are opportunities for significant profitability. So, be cautious but keep your eyes open for those opportunities that present themselves.

Trade well!

Christopher Smith
TheOptionClub.com

Friday, November 16, 2007

Options University Strategist Review

Last night was the live webinar introducing the Options University Strategist service. If you missed it, I wanted to share with you what I learned as well as my thoughts about the service.

You have been diligent with your study...

You have learned the foundations of options trading...

However, we understand that you have lives. You are busy during your day and you come home to family and other responsibilities...

You may not have time to do the homework that you should be doing to find, plan and manage your trades.

This whole service was born out of a very specific perceived need. Options University has what I consider to be the best paid general options education curriculum available. They teach a lot of students every year about options and how to trade them...the right way.

Ron Ianieri and his team have seen the diligence of their students and appreciate that for the retail trader, a little help can be of great assistance. The concept of a service began to form. However, this had to be an "in house" service, something Options University could control so that their trading philosophy would be present in the trades delivered to subscribers. They did not want to throw their students to the wolves...

Ron tapped his resources to hire traders off of the floor, guys he himself had trained, and put them to work researching and planning trades for OUS subscribers. The team researches trading opportunities. When they find the right opportunity, an options strategy is applied to take advantage of it.
Cutting Edge Technology Delivers All Of The Trading Opportunities To You, No Matter Where You Are...
The trades and all adjustments are sent out to subscribers on e-mail, but also through a dedicated RSS feed. The RSS feed bypasses e-mail, so you can be sure to receive alerts even if e-mail fails.

Options University invested in their own RSS client, which you can download and install on your desktop to receive real time alerts directly from their server. Also, they will soon be issuing trade alerts and updates through a text message sent to your cellular phone.

That is three means of receiving information...

Your job is to simply review the alerts and updates, determine whether they meet your trading criteria and tolerances, and then take the appropriate action. Right now, they are averaging about five trades each week. Those trades will offer a variety of approaches, so you're not buying into a service that leaves you stuck with a single options strategy that may not be appropriate for prevailing market conditions.

The service has been up and running for just a couple months, and is only now being offered to the general public. Consequently, the trading track record is limited. However, this is the same thing that Ron Ianieri did for more than 10 years in Philadelphia. If you have taken any of his courses, you know that he is a very skilled trader with many years of experience trading from the pits as well as from off the floor.

In addition to the trade alerts, you will also have access to monthly tele-classes. These should provide even more insight into what the traders are doing, helping you to better understand their methods and reasoning.
This Service Is NOT For Everyone! But If You Have Done Your Homework, Are Ready To Trade, But Need A Little Help With Your Research...
Ron was very candid during the webinar. This service is not for everyone. If you have not taken the time to learn and understand options, you probably need to do that first.

However, if you have studied and have learned what options are and how they work, but are frustrated by the many pressures in your day that keep you from doing the homework necessary to trade, well then you just might want to take a look.

The webinar was recorded. Check back here, because as soon as they get the recording compiled and loaded for replay, I'll be posting a link.

In the meantime, if you would like to learn a little bit more about the service, you can do so here:

Options University Strategist

I have never recommended a trading service before. The reason I have never recommended one is because I have never found one that helps a trader, a retail trader, actually trade their account profitably.

What sets OUS apart is the fact that they 1.) have assembled a professional team of professionals, 2.) they have built this service entirely "in house" to insure the quality and legitimacy of every recommendation they issue, and 3.) they are taking a community approach, allowing their subscribers to actively participate in the development of the program.

Right now, they have cut the subscription costs. During the webinar, Ron gave his word that if you subscribe at the introductory price it will never be increased for as long as you remain a subscriber. Combined with the OUS guarantee, it's a good time to take a look!

So, if you are struggling in this market consider investing a couple hundred bucks (money that you may very well lose to the market) and get some help from the pros...

Trade well.

Christopher Smith
TheOptionClub.com

Wednesday, November 14, 2007

Options University Strategist Launching Tonight!

So many questions...
I have received a lot of e-mails with questions about the new service from Options University. I would be happy to answer them all, but I have shared all of the information I have.

However, I do know where and when you can get answers to your questions...
Tonight At 9:00 p.m. EST (that would be 6:00 p.m. on the west coast), The Team Over At Options University Is Hosting A Complimentary Webinar Presentation To Preview Their Evolutionary New Options Service, Which They Call 'The Options University Strategist'.
I am already registered and plan to participate, myself. Some of our members have an interest in this type of 'done for you' trading service... Others want to learn from watching experienced professionals...

Either way, you should see the technology they've put together, and what a real "A Team" of stock and options experts they have assembled.


I'll be logging in, so I hope to see you there!


Christopher Smith
TheOptionClub.com

Monday, November 12, 2007

Options University Strategist Is Being Unveiled!

There is a brand-new service from Options University that is being launched this week. The service is called "Options University Strategist," or just "OUS" for short. It will be the closest thing to a "done for you" trading service you've ever seen.

I have always had a big problem with trade advisory services. I do not like them. I must confess that I have subscribed to many over the years, but that is how I have come to realize that you simply cannot turn your financial future over to an advisory service.

What is helpful is the ability to watch experienced, profitable traders research and execute their trades. Trade advisory services do not typically provide this sort of disclosure, for a variety of reasons, which prevents you from understanding how or why it is that they are recommending the specific positions or the decision making that goes on behind the scenes.

After considering this dilemma and searching for an advisory service that provided that "look over the shoulder," I realized that it simply did not exist in a form that made sense to me. Candidly, I began thinking about how I could offer such a service through TheOptionClub.com.

Well, the guys over at Options University have beaten me to the punch on what I think will be a tremendously valuable service. The concept is that you're "looking over the shoulder" of skilled, professional options traders during every step of the trading process.

Ron Ianieri, the trading muscle behind Options University, is far better connected than I am with the trading world and has used that muscle to pull together a really sharp, professional team.

What this means is that you get to see some very good traders at work. You can mirror their trades. You can use the experience to improve your own trading. You can ask questions!

OUS has been at least a year in the making. It will use cutting edge, state-of-the-art technology to deliver the actual trade information. This avoids the problems of e-mail deliverability and delay.

Look, trading is a lonely profession for us retail traders. Most of learn from trial and error, and some of those errors prove to be very expensive. I know, I've been there. In fact, the whole reason TheOptionClub.com came into existence was to create a community of traders to take some of that loneliness out of the experience.

OUS is the next evolution, where you can see how experienced traders find, plan, and execute trades. No more guesswork... No sweating over making the "right" decisions...

So, if the trading is still a bit of a struggle, here is an opportunity to trade with and learn from successful options traders and still have a life!

To give you a preview of how the service works, and the technology behind it, OU's top options trainer and trader, Ron Ianieri, and OU's chief programmer Ryan Mastro have put together a short video.

This 14 minute preview video will give you a good idea about what the service is all about.

Here's the link to that video...


Also, Ron Ianieri will hold a very special webinar THIS Thursday night, November 15, 2007, at 9:00 PM Eastern. He'll go over OUS in much more detail, and answer any questions you might have about the service.

The webinar will serve as the official launch for OUS. So you don't want to miss it!

Here's where to get all the details for that webinar:


Once that webinar is aired, it'll be first come, first served for getting started with the OUS service!

OUS can only take a limited number of traders. They are limiting subscriptions to the service to preserve its viability.

In the meantime, take advantage of video to learn what this new service is, and what it isn't.

I can tell you... It's not for everybody, but for some it will be the last options trading service they'll ever need.

Here' the link to that video again...


Trade well!

Christopher Smith
TheOptionClub.com

Wednesday, November 7, 2007

Federal Reserve, Interest Rates and Market Resposne

Late yesterday, I received a brand new trading video from Bill Poulos but did not get a chance to take a look until this morning. Once I did, I thought you would want to watch it too.

Bill recorded it for his readers because of the Fed's recent decision to drop interest rates, and in it he debunks a common trading myth that could really cause your portfolio to tank if you're falling for it.

As always with these complimentary videos I'm not sure how long he'll keep it active, so be sure to check it out here:


The video should load automatically, without any need to log in.

Enjoy.

Trade well,

Christopher Smith