EOM Garden Growing Prep: Step Five 3.1.17
Wall Street is littered with the bones of those who know just what to do but could not bring themselves to do it. William J. Bernstein
The process to identify, allocate, set alerts and purchase our “Garden Growing” candidates may seem intimidating but after purchasing the first two to three funds, it will become second nature. DOE
When we near the end of this series, I plan to offer an “in-person” seminar to further explain the procedure and answer all question. Since my EOM Members are located from Seattle to Florida, I am working to offer it online with only a few day delay. The location-seminar details will be finalized and announced next week.
Allocate amounts/prices/shares of the VIP Closed-End Funds (BA 3) on the worksheet. In this part of the training, I analyze each candidate, extrapolate the number of shares purchased with an estimated target price then determine alert conditions.
Key Points on PCI…
Action Points for Setting Alerts…
Per my DOE Sample worksheet, since no one knows the exact price when the Simple Simon Buy Signal hits, I extrapolated a R1 targeted $19.50 entry price.
This would give 25 shares. Any unused funds are swept into the Round Two (R2) allocation for future opportunities
We will wait to see which alarms hit first. When hit, we will monitor until a Simple Simon Weekly, and Daily Buy Signal is generated before buying.
If having problems downloading the “ES Allocation Worksheet” (Members Vault), you may need to click on the “Enable Editing” button in your MS Office application to access the editable “Landscape” format. It should look the same as the PDF version.
When my analysis is complete, I plan to compile all steps into a single PDF document, available exclusively to EOM Members.
David O. England
https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png 0 0 David O. England https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png David O. England2017-03-02 23:46:052017-03-03 00:00:12Step Six 3.2.17