Friday, October 16, 2009

SUCCESS STORY

Hi Jerry:

I am currently trading LULU. I found this stock on the Orbis Advisors website. I went to "Muscle Stocks" and looked at the "spring loaded" section. When I did, I found many stocks forming bullish ABC patterns.

On October 2 I purchased the Dec 25 calls at the .618 fibonacci retracement level. There was confluence with the fibonacci extensions as well.

This is an upwards trending stock, above the 50 day moving average. I am currently up 100% on the calls.

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Cheers,

Roland

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