May 2009 Results and Comment

May 2009 was another month that showed upside strength and was very overbought most of the time. This is not normal markets and Market Bias Trading does not produce exceptional results in markets like this! For the month there were 20 positions. 9 were profitable, 6 losses and 5 that were break-even. The gross for the month was $11,178 (based upon a $50,000 investment), with commissions of $1,000. The net profit was $10,178, which is a 20.36% return for the month.

Even with the very overbought conditions, Market Bias Investing still showed very good results for the month and proves that it consistently provides positive results regardless of the market conditions! This was another month that good money management made all the difference for profitable results! I still think that there is considerable downside risk ahead, but I’m not about to step in front of a train to prove a point. Currently, there is extreme upside momentum and I’m waiting to see a change, which will happen soon! This is a “bear market” rally and will not continue much longer! The markets go up and down and have done this forever! This is not the time to enter the market and expect it to be another BULL market!

Please view the exact day-by-day results which are posted at “Current Trade Bias Calculations and Research”. This link can be found on my website at, www.dukestrading.com/mainMBI.html

Market Bias Investing continues to produce exceptional returns, while keeping risks very low. Please email me at duke@usmo.com or call me at (573)372-0948 to discuss this in more detail!