Archive for August, 2008

GDX Gold Mining Sector ETF

Friday, August 15th, 2008

Hi PCA fans,

Today we set up the Gold Mining Index ETF GDX in the PCA with 200 shares at $34.95.

 

This will be a holding in our "sectors" portfolio.

gdx

Next Buy 10 shares at $30.45 and the next sell will be 7 shares at $40.56.

We are using 10% buy and sell resistance and a $300.00 minimum market order on the buy and sell side.

We’ll see what happens.

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Trading Gold with Position Cost Averaging

Monday, August 11th, 2008

 

Hi PCA Fans,

Today we set up a GLD holding in our model portfolio and we are going to do something a little different this time.

With PCA starting out with a 50-50 split cash and shares you could "buy in" to a 60% decline or more with all that available cash.

I don’t think we have to worry about Gold falling 60% from here. Since Gold has fallen so far from the highs already we are starting out with only 100 shares of GLD and a 30% cash reserve.

Here are the details…

gld1

 

Here is the trade advice…

gld2

 

Here are the settings for this holding

gld3

And now we wait for the market to do something.

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Going Double Long The QQQQ

Monday, August 11th, 2008

Hi PCA fans,

Today we set up QLD in our model portfolio under the Leveraged ETF portfolio. The Starting price roughly 80 bucks and we are starting with 100  shares and an equal cash reserve.

qldsettings

We are using 300 dollars as the minimum market order to buy or sell, this represents about 2% of the overall portfolio value for the shares and the cash reserve.

settings

Here is the trade advice that we get.

qldbegin

I expect this holding to generate more trades than the holdings in the indices portfolio.

Please understand that this is not investment advice. The Position Cost Averaging system will give custom advice for each user based on the AIM methodology.

This is what is going to happen to our model portfolio as we move forward we’ll update the holdings.

If you would like to watch the video… please do!

AIM High!

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DIA, SPY, QQQQ and IWM

Thursday, August 7th, 2008

 

Today we started the model portfolio for Index ETFs. We started with 500 shares of each… DIA, SPY, QQQQ and IWM which are all tracking ETFs for major indices.

We started with the default settings of 50% cash and shares and we’ll see how it goes.

Here are the current positions…

indexaug708 

We’ll keep you posted as we build out the model portfolio and add new trades.

We’ll also keep you posted should we make any changes to the settings on these holdings.

The current settings are…

settingindexaug708

I will look at adjusting the minimum market orders in dollars and shares as soon as I get the rest of the portfolios set up.

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Position Cost Averaging Software for Robert Lichello’s AIM System

Thursday, August 7th, 2008

 

Hello Everyone,

Welcome to www.Stocksystem.com!

Here we use a management system for long term investing known as AIM for Automatic Investment management. It was invented in 1977 by Robert Lichello and set forth in a book called "How to Make $1,000,000 In The Stock Market Automatically".

We developed software to do the method in the book and called it Position Cost Averaging.

Now there are tens of thousands of users in all fifty US states and 70 countries around the world.

There are clubs and online user groups, heck we even had a convention of AIM and PCA users in Las Vegas a few years back.

The PCA System is designed to FORCE investors to buy low and sell high using the AIM method that Lichello developed.

Be sure to register for our free online seminar for trading ETFs with PCA.  Register here.

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