Dear Friend,

This week is a good time to take a little break from the market (it’s the holiday season and volatility usually slows to a crawl and edges a little higher – it’s called the Santa Claus rally).  It is a great time to own calendar spreads or my favorite ETNs (ZIV and XIV, two equities that have nearly doubled in each of the last two years).

Check out below how you can become a Terry’s Trades Insider, receive two month of free service plus several valuable reports, all for absolutely no cost while you enjoy all the benefits of a new account at thinkorswim by TD Ameritrade (including no commissions for two months of trading).

Terry

If the market knocks you down,  try laughing instead of crying –

Some Market Definitions:
                               
CEO --Chief Embezzlement Officer.

CFO-- Corporate Fraud Officer.

BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewellery, and the husband gets no sex.

VALUE INVESTING -- The art of buying low and selling lower.

P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.

STANDARD & POOR -- Your life in a nutshell.

STOCK ANALYST -- Idiot who just downgraded your stock.

STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.

FINANCIAL PLANNER -- A guy whose phone has been disconnected.

MARKET CORRECTION -- The day after you buy stocks.

OUT OF THE MONEY --   When your checking account's overdraft hits bottom.

CASH FLOW-- The movement your money makes as it disappears down the toilet.

YAHOO -- What you yell after selling it to some poor sucker for $240 per share.

WINDOWS -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.

PROFIT -- An archaic word no longer in use.
   

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      Any questions?   I would love to hear from you by email (terry@terrystips.com), or if you would like to talk to our guy Seth, give him a jingle at 800-803-4595 and either ask him your question(s) or give him your thoughts.

You can see every trade made in 8 actual option portfolios conducted at Terry’s Tips and learn all about the wonderful world of options by subscribing here.  Why wait any longer to make this important investment in yourself?

Even better, you can become a Terry’s Tips Insider, and receive all our educational reports and materials absolutely free by opening a new account at the best options broker around - thinkorswim. If you open an account with our link, they will give you 60 days of free trading or up to $600, the same deals they give to everyone who opens an account with them. You must use this link to sign up - open thinkorswim account – and once you have funded your account with at least $3500, email Seth@TerrysTips.com and let him know that you have done it, and this is what he will do – sign you for our Premium Service package ($119.95 value plus an extra 4 months of our Premium Service, valued at another $190.80).  You get $300.65 worth of services without paying us one penny.

I look forward to having you on board, and to prospering with you.

Terry

    

  open thinkorswim account

I have been using your strategy on a number of issues including IWM, MOS, FCX.  FCX (Freeport McMoran) has performed beautifully, but now I have a situation that I don't believe you covered in the Making 36% Book.  What I have already received  (in FCX) gives me a 50% (or so) profit in just 4 months or about 150% annually. 
 
My question is...  Do you sell the FCX positions here and now, or do you continue selling the calls up until expiration.  I don't believe you ever talk about whether you should let things run (or not) once you get up to (or past) the 36% desired level.  ~ Walter

Thank you again for being a part of the Terry's Tips newsletter. If you are interested in signing up as an Insider, visit Terry's Tips today for details.

Sincerely,
Dr. Terry Allen
Terry's Tips