Wed 23 Jan 2008
Lots of Money To Be Made - Raked in $2800 Yesterday
Posted by RichSlick under MMO
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After blathering on yesterday about sitting in cash, I dove back into the market to rake in $2800 yesterday. I’m a sucker for easy profits. The funny thing is I bought the wrong ETF! I had intended to buy DDM (Dow Double Long) and sell calls short to hopefully profit on a bounce but I ended up buying DXD (Dow Double Short) and sold calls short. How’s that for a 60k mistake!
It’s no big deal because this goes back to my experimental multi-dimensional matrix profit theory I’ve been conjuring up in my spare time.
The simplified theory is to go Double Long on the Dow (DDM) and selling a short position while simultaneously going Double Short on the Dow (DXD) and selling a short (inverse long) position. The key is to look at the time frame matrix from 30,60, 90 days out and optimize the buy/sell equation for an always profitable return.
My portfolio is up 8% so far just 22 days into the new year! We’ll see how the next 25 days go till February expiry…
Happy hunting.
























