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« Gold Prices: A tiny step towards true price discovery | Main | Money: How to Get It and Keep It »

Angela Merkel Loses Again

Merkel 05 sep 2011.JPG
What were those thinking?

Things are not looking to bright for the embattled German Chancellor, Angela Merkel as she takes another knock in the regional elections. Its becoming hard to see how she can remain in office with European finances being in such a mess and the German workers expected to foot the bill.

The Social Democrats, Germany’s main opposition party, took 36.1 percent to win yesterday’s election in Mecklenburg-Western Pomerania, while Merkel’s Christian Democratic Union had 23.3 percent, ZDF television projections showed. The result in the eastern state where Merkel’s election district is located means her national coalition has been defeated or lost votes in all six German state elections so far this year as voters resist her bid to prevent a euro-region breakup by putting more taxpayer money on the line for bailouts.

“Merkel’s CDU got beat in her home state, adding to the sense that opposition to any solution to a deepening crisis is growing,” Sebastien Galy, a senior foreign-exchange strategist at Societe Generale SA in London, wrote in an e-mailed note.

The word 'Contagion' is popular these days and it springs to mind again as we ponder the future of not only Merkel, but Sarkozy, Berlusconi, Cameron and even Obama, time will tell.

Regarding We currently have six trades open, one of which is up 5.15 times what we paid for them, however, we do not update the charts until the trade is closed and the cash is back in our account.

For those subscribers who are too busy to trade their own accounts we are now able to offer an Autotrading program with our SK OptionTrader service, as we are pleased to announce that we have entered into a partnership with GlobalAutoTrading and also with eOptiontherefore auto trading is now available for SK OptionTrader signals

Our model portfolio is up 396.58% since inception

An annualized return of 119.04%%

Average return per trade of 42.21%

85 closed trades, 82 closed at a profit

Average trade open for 45.41 days

sk chart return on SK OptionTrader Model Port 22 aug 2011.JPG

The above progress chart shows our performance when profits are re-invested, however, to see exactly how it is going, please click this link.

So, the question is: Are you going to make the decision to join us today.

Stay on your toes and have a good one.

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