Open Trade: Buy 102 July 130 SPY calls @ 0.88. Closed today @ 1.80.
Rate of Return Today: 60.71%
Profit Today (Unrealized): $6,954.06
Portfolio Balance: $18,862.26
Performance Year to Date: 88.62%
Objective: 100% by November 21, 2011
Time: 1:00 p.m. (PST), Tuesday, June 28, 2011
Assessment: Market reaching cycle top. Signs of negative divergence. Prepared to exit on June 30, 2011.
Twyman Asset Management
June 28, 2011
Dear Terry,
Today, we beat Bridgewater Associates for the year 2010.
The numbers say it all.
We had a very good day.
Warm regards,
Wink
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