Forecasting Software Helps Me With 10% Return Today

Over the weekend I signed up for a trial of a service that is supposed to forecast movements in the main broad indexes like the DOW, NASDAQ and S&P 500.

The is my first day of trying out the service. I bought SPY options (SPY DEC 95) this morning when that ETF was at $95.33. It closed today at $98.81 for an increase of 3.52%. My options, on the other hand, increased by 9.57%.

So far, so good!

It's early to tell if it's going to work out for me long term, but this particular service has been around for a few years and I'm sure they wouldn't still be in business if they were not providing good results.

This also provides a good example of how options can provide you with a higher profit margin than investing in securities directly.

They're forecasting a peak for tomorrow, so I'll be sure to put in my stops and get out with some profit before SPY heads back down again.

You can check out the service for yourself by following this link.

I also put in a long position on VPHM. From what I can tell it should be able to make it up to about $15 again in the relatively near term. The exact option I chose is BTO 5 VPHM FEB 2009 12.5 Call.

My son just got up from his nap, so that's about all I have time to post for now - looking forward to more interesting results tomorrow.