Dykstra: Phillies Showed Pluck
In addition to yesterday's win with Halliburton, my wins this month include United Technologies (UTX), Parker Hannifin (PH), an earlier win with Halliburton, Deere (DE), Microsoft (MSFT), Cisco (CSCO), Texas Instruments (TXN), Chesapeake (CHK) and The Shaw Group (SGR). The longest any of those have stayed in play was just three days.
I have had just four other picks so far this month that are not in the win column. Two are currently in play. One has been canceled as per my rule because my purchase order was not filled within one week of my column, and one is still an open order that has not been filled, but still has a chance to.
To say that my system has proved its value during this rocky period would be an understatement. Having a strategy and discipline during troublesome times is important for any successful individual. My strategy is to not panic, but instead to keep my cool. I like to hold a firm stance despite the volatility, sticking to my system.
With the wild market, people have been trading off of fear. I, on the other hand, have stood tall, believing in myself and my system, and it has paid off big time for me and my subscribers.Always remember: Life is a journey, enjoy the ride! Lenny Dysktra manages Nails on the Numbers, a subscription service sold by TheStreet.com. He is 80-0 this season on his options picks. Dykstra writes regularly about options trades for TheStreet.com.
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