| Dear Friend,
The good news is that our commission rate has been about cut in half on all future options trades thanks to an aggressive move by Schwab which caused TD to reduce their rates as well (TD stock fell a ton on the move, by the way). The other bit of good news was that our composite portfolio average leaped 6.5% this week, largely because Costco announced earnings and the stock remained about the same. One portfolio, Rising Tide, shot up 61%! Enjoy the full report.
Terry
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