Why should you use Trade with Waves?

The reason our economy, markets, and survival as the last remaining superpower are in question is that, after having just committed to $9 Trillion in the past year to fix the problems of the past decade, we are about to see (in the next few years) that it wasn’t enough and won’t work. What will be needed to eventually fix it is hard to imagine – multiples more expensive than can currently be conceived – and may change our country as we now know it. Sometime this coming fall, this realization will start to be felt across the world in our collective unconscious. When this reaches the boiling point, world markets will crash and “THERE WILL BE BLOOD” again!

Here’s our latest portfolio tracking spreadsheet with updated performance numbers as of 9 May 2009. Please click on the thumbnail at right for an expanded view.

We’ve closed out 23 new trades since our last portfolio snapshot on April 24th, and are happy to report some nice gains along the way.

Our model portfolio is now +170% since inception, net after commissions, with over 9 out of 10 winning trades overall and an average hold time of under 10 days.

Notable movers for the week included FAZ (inverse triple-leveraged financials) for a 20% gain and UCD (double-leveraged commodity index) for 19%. Stay tuned for a volatile next week or two, as we should experience plenty of movement if our predicted selloff comes to pass.