Greetings, everyone, from the South of France. Actually, I am in New York on business and will be returning home later in the week.

Today, I would like to bring you up to date with the Stat Book.

My deep-in-the-money calls strategy has an unsurpassed success rate, but no investment strategy is 100% successful.

That is why I am on record stating that this business model, when followed correctly, will bring at least a 90% success rate, if one plays by the rules. Nothing is bulletproof. There will always be companies that defy the odds, the technical indicators and the fundamental strength that I rely upon.

Investment losses are part of the reality when trading, but losses can be used at tax time, and a loss in the Stat Book can mean a lower tax bill this coming April.

Meaning: All of us who took a hit on Hershey ( HSY - Get Report) now have earned a tax credit. But keep in mind that the rules for capital gains and losses are strict and watched closely by Uncle Sam. You should consult your tax adviser for tax-loss strategies that can be implemented to offset much of your annual gains.

Once again, I stress: Please consult with your tax adviser before implementing any type of tax strategy.

And now, as promised, it is time to go to the Stat Book and see the results of my deep-in-the-money calls since Feb. 7, 2007. This also updates the open positions with new buy levels and GTC (good-till-canceled) sell orders on the remaining open positions.

For those of you looking for a trade, I suggest you look very closely at JPMorgan ( JPM - Get Report). JPMorgan has been thrown in with all the subprime bozos in a case of guilt by association. If you want to be long a great company that has had its stock unfairly taken apart, then buy JPMorgan common stock and ride it for at least 5 more points, which would take you to the $47 range. Lock and load!

Always remember: Life is a journey; enjoy the ride!


At the time of publication, Dykstra was long JPM.

Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."