http://www.pathometrix.com/Movies/
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Hi everyone. In the last few days we have seen how a transformation of a CRC on IGT into a PCCRC permited me to remaing in the trade through earnings, eventually resulting in a sizable return, as the stock jumped higher.
In the same way, I recently transformed a CRC on GOOG into a PCCRC just in time for a decline of more then 10% in one day, giving me a $5000 profit over a $12000 investment. In this video clip I demonstrate the history of this trade, so far. I have transformed it now, to take profits and to assure further gains, should the stock continue to decline. Here is how:
http://www.pathometrix.com/Movies/GOOG.mov
In this chart, you'll see that I indeed have that trade in my account, so it is not a retrospective invention, it is for real:
If you have a Platinum subscription, here is the trade. Just copy this portion and paste it in the address line of your browser:
http://platinum.optionetics.com/cgi-bin/platinumv30/op4email.php?trade_name=X|GOOG™_date=2006-01-03&sym=GOQ&num_legs=6&tra0=-2:B06:460.000:19.800:GOOG:2006-01-03:47.57799911:FFFF99:0:0&tra1=-2:N06:460.000:27.900:GO! OG:2006-01-13:55.60800171:FFFF99:0:0&tra2=3:O06:400.000:27.900:GOOG:2006-01-20:50.66799927:66CCFF:0:0&tra3=4:C06:460.000:25.075:GOOG:2006-01-03:43.60300064:99FF66:0:0&tra4=4:O06:460.000:33:GOOG:2006-01-13:49.02500153:66CCFF:0:0&tra5=-2:O06:460.000:70.700:GOOG:2006-01-20:58.71300125:CCFFFF:0:
Consider transforming a CRC into a PCCRC
Follow each step carefully. I want you to know that my other 2 accounts, in which I have played almost exclusively PCCRC's, the accounts have grown 20%-30% in the last 6 months. AAPL and GOOG are success stories, but there is also a trade on CEPH and others.
This is why I have decided to focus on this kind of trade, without totally abandone the CRC strategy, triggered by the Sarmiento System, but rather as entry point, later to be modified by the addition of PRC's, ending with PCCRC's, in case the stock we are trading decides to take a tumble.
This change in strategy is needed because the CRC/PRC combination has had only limited success. We never know when a GOOG day (like yesterday) is going to occur in any stock. having a PCRC allows us to take advantage of the winners, while protecting them against a "GOOG day". I would very much like to get your imput here. I know that the PCCRC is a more complex strategy, but I also will take my time to explain things thoroughly. If you have questions or comments, they will be very helpful in forcing me to keep things simple and clear.
Juan
4 comments:
hi Juan,
i had been follwing your blog recently and i'm intrigued by the PCCRC system.
i had tried several times downloading the PCCRC1 and PCCRC3 mov files but were not successful to download the whole file, do you mind uploading them again?
thks and best rgds,
calvin
Calvin, thanks for joining us.
The video clips are Quicktime streams. If you do not have quicktime, downloaded free from the Apple.com site. If you have iTunes, you already have quicktime. If you have a map, you should have no problem.
If you have broadband, streaming is quick and effective. Streaming does NOT require that you download the whole clip. just type the address of the stream and it will be displayed in your browser.
I have checked the clips in the site myself, and I see no problem. SO give it a try again, it may have just been a simple server problem.
Juan
AMZN,
This has on my Elliottician projection short term down another $3.
There is support with the 61.8 fibonacci retracement (short term) and 38.2 fibonacci retracement (long term).
What do others think?
I have sent those on my e-mail list a copy of the snapshot.
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