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Friday Dec 22, 2006

Extended Levels of Time Decay

Extended Levels of Time Decay

By The WaveStrength Team


>>>Happy holidays and Happy New Year to all of you!

We will be enjoying the holidays next week with our families. You will receive Market Report tonight, as well as a few emails from us next week. 

We will be back in touch with you directly on January 2. 

We hope you and yours have a safe and happy holiday! Enjoy!


Trading Tactics
With a three-day market holiday staring us in the face, what better time than to use the extended levels of time decay to our advantage? That's exactly what Adam and I are doing today in WaveStrength Professional

Over the past few months, Adam and I have been talking a lot about the Energy Select Sector SPDR (XLE) and its relation to the weather patterns. 

As you know, the XLE is a collection of the market's top oil and oil service companies - which tends to trade higher during extended periods of colder temperatures. 

As I write, the entire US is coming off of an unseasonably warm period - which pushed the XLE lower - but now that areas like Denver have been slammed with snow, it may be time for a reversal to the upside.

Add to that increased levels of time decay, and we have all the makings for a winning set-up. 

WS Professional members: Keep an eye on your inboxes for this play - coming shortly. 


Material Profits
Yesterday, Bryan told you to take gains on Knot Inc. (KNOT:NASDAQ). Today, I've got more for you. 

Tune in to Market Report tonight for some last minute gains before the holiday weekend! 

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Copyright 2006 by The Taipan Group,LLC. All rights are reserved. Printed in USA. Information, opinion, research, and commentary contained herein is obtained from sources believed to be reliable; their reliability, however, cannot be guaranteed. The maxim of Caveat Emptor applies - let the buyer beware! WaveStrength Market Report does not provide individual investment advice, or act as an investment advisor, or individually advocate the purchase or sale of any security or investment. 

Investments recommended in this service should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. 

WaveStrength Market Report reserves the right to use email endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscriber's initials will be used unless express written permission has been granted to the contrary. 

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