Technical Analysis Summary

Trading Room

The Trading Room continues to impress with outstanding results in a very tough environment. Take a look at the results in the spreadsheet.

Here is a recent post on the Trading Diary by one of our members:

"Hey Everyone.....again!!

I just wanted to add a summary here about the last month. I know the market has still not settled yet but we are doing great in the room.

I have learnt from past experience to take EVERY trade no matter what!! Long term we always come out on top.

Johnny has pick fantastic trades in the last few weeks. I have had

250% on CSL from the Advanced room

80% on BSL from The trading room

I have one open currently from the advanced room,that not matter what the stock does now, I have secured 100% (thanks for those advanced scaling techniques Johnny) but is currently at 400% with a potential of 1450%!!!!!!!!!

And if I had of been in the room on the Friday I would have another trade on OZL (as I take every trade no matter what I think...after all I'm still learning and it's Johnny's system so he knows best) this trade would have yeilded 103%.

Not bad as I cap my losses at 50 to 75%. So with a 70% plus win/loss ratio I know I will always come out on top! I have been in the room from day one and I now know from my own witnessing....take every trade and you will succeed. It's an over all numbers game. start picking and choosing and you are guaranteed to kill the win/loss ratio!!

Thanks Johnny..I am now really looking forward to your Futures (E-mini) room and being a member of them all."

Check it out here Trading Room

Trading Diary

Here's a brief summary of the results achieved for the Planet Wealth strategies during the month of May 2009. If you have any questions about the results, how to signup or anything at all really... email our customer service team at customerservice@planetwealth.com.au

Remember: Planet Wealth allows you to change your subscription to any other strategy at any time, without penalty or cost, should you decide another strategy is more suitable for your risk profile.

The AllOrds and the S&P500 were both up again for the month of May and the trend to date seems to be continuing through to June. We may have seen the worst of it but we are still not convinced the global economy is out of the recession. However, we believe with our portfolio approach to risk and diversification amongst strategies we will see some good profits. That strength of diversification is starting to demonstrate itself with the results we are strating to see and we think that some of the losses from 2008 will start to be recouped over the coming months.

Collars: Renting AU Shares

A solid month for Renting AU Shares and Renting US Stocks.

We achieved 7% return for the month and all up we are showing a Cumulative Gross Return of $9,700 or almost 14% return on our total capital.

Our portfolio in the US has recovered from some of the earlier losses and for the month of June we achieved a return of almost 4%. We are getting closer to break-even, and looking forward to catching up over the coming months.

Refer to the detailed spreadsheets for further information.

Option Spreads

As mentioned, we were taken by surprise by the resilience of the financial sector in April, which resulted in our account being down slightly overall. The biggest surprise was CBA, however we stuck to our view and rolled that trade to May and ended up breaking even on that trade. We have a couple of nice trades on for June and expect this account to recover quickly.

Share Purchase Plans

There is plenty of action in the area of SPPs at the moment. One small realised profit for May with a ROI of 7% but plenty of potential for June.

Remember the subscription to SPP's is FREE if you join the HC Securities AutoTrader service. We use A$20,000 so that we can participate in several trades at a time, but you only need a few thousand to participate in one. That makes this a great, low risk, high return portfolio - even for those with small banks.

E-mini Live Trading Room & E-mini Trading Diary - in Pre-launch!

We are close to launching the E-Mini Live Trading Room and Trading Diary, which will give members the opportunity to participate in this potentially very lucrative and profitable strategy. For those of you who don't know, John Howell successfully trades the S&P 500 E-Mini every night, and actually makes the bulk of his income from doing so. His results are very impressive, with recent returns of over 450% achieved from Jan 2008 to the present. We have made available a lot of free information to those that are interested - just click on this link to sign up to the VIP list now!

Regards,

The Planet Wealth Team