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Ask Mike:
What makes you want to be in inverse ETFs right now?

March 26, 2007

Question:

Mike,

I have been following your ETF Total Return model portfolio for the last 3 months and although the ETF crash of a few weeks back hurt us, I am very glad to see we well back onto a winning track. I want to continue to stay subscribed to the ETF Total Return portfolio, but now want to add a subscription to the covered call portfolio.

How can I add this to my subscription?

Also, it looks like you are making a lot of trades during the week with the covered calls. I like that idea a lot. The last service I used would just give me the name of the stock and then say, 'Get the best call you can.' I really like the way you provide entry and exit guidance.

But, that leads me to my next question: I am not sure I can stay up with you. I am not always at my computer. I don't know much about this thing you call autotrading, but do you think that is the way to go? I would appreciate your response to both my questions.

Thank you,

Bill J from Tacoma, WA

Mike's Response:

Portfolio Manager - Mike Turner

Hi Bill,

Adding the Stock and Option model portfolio to your current subscription is easy. We can do that for you at any time. Just let us know when you want it made active.

As for autotrading the portfolio... it is very interesting that you would ask that question this week. I just happened be talking about that very subject with our autotrade broker of choice, OptionsHouse. Our primary contact there, Joel Blumenau, and I were discussing the fact that my aggressive covered call strategy was tailor made for autotrading. In fact, Joel suggested that I remind my subscribers that are either following the covered call strategy or were thinking about it, to consider autotrading.

Basically, the concept is very simple... When I issue a covered call trade bulletin, they implement the trade for each of their clients who are following the TurnerTrends Stock and Option model portfolio. They (OptionsHouse) don't charge anything extra for this service and their clients never miss a trade or update.

If you want to learn more about autotrading, you can review our explanation by CLICKING HERE to be taken to our page on this subject on the TurnerTrends website.

You can also go to the OptionsHouse website to find out how they provide autotrading.

Regards,

Mike