FINAL August 2013 Portfolio #1 Results:

The MCM August 2013 Portfolio #1 showed a $1,520 GAIN for the month.


AN and TEX and a move late move in Gold miners this last week of the August cycle from NEM, were the losers in Portfolio #1.

The individual spread results from each position can be seen in the PORTFOLIO section of the newsletter for portfolio #1.

FINAL August 2013 Portfolio #2 Results:

The MCM August 2013 Portfolio showed a $520 LOSS

WDC, SAP, OUTR, MCD spreads went against us.

The sell off just did not materialize soon enough and the protection to alleviate the spreads that went wrong helped, except MCD and WDC would have been better had we left the butterflies alone.

However, hind sight is 20/20 and it is better to minimize the loss one side with some gain on the other side.

The individual spread results from each position can be seen in the PORTFOLIO section of the newsletter for portfolio #2.

The watch list and PORTFOLIO for September will begin posting early this afternoon

We may adding additional MCM September positions this weekend and the MCM September Portfolio and Watch list will make its appearance a little later today.