The Final results for the Monthly Cash Machine were filled with bouncing stock stop outs and just staying
just a bit too long at the fair.
Lession to be learned: Take your money ( profits and run, especially in this type of market.
With a little twist on the the words of Kenny Rodgers from his song "The Gambler"
" You got to know when to hold'em, know when to fold'em.
Know when to walk away and know when to run.
You don't count your credit, 'cause the stock is out the money,
"there'll be time enough for counting (when the expiration's done.)
I think you all get the message.
We stayed to long at the fair and what could have been a fantastic month, ends up to be ho-hum.
The September Equity portfolio ended up with a $700 profit.
Considering all the things that happen the last 4 trading days. I guess we should count our blessings.
Three last day stock runs in SPWRA, PG and HAV and one unfortunate STOP out of WLT put a damper on a potentially
Our DJX MCM September position has a $500 loss. with the said part being, had we listened to Kenny Rodgers,
we could have easily has a $1,800 to $2,000 gain. But that is hind sight and we all know that is 20/20.
Hence we go on with October.
Additional October recommendations will be out this weekend and the new October Watch list will also be listed later tonight.
Below you will find the final MCM September individual results.
They will be listed here and you can also see them in the PORTFOLIO SECTION of the newsletter.
Once again additional October positions will be added this weekend and the October watch list will be out later today (evening)