The Tycoon Report

Further Confessions of a Sector Hunter

Thursday, February 12, 2009 | Bob De Dea

I just got off the phone with Ben Schott, The Tycoon Report's esteemed editor, and I was asking about the new Sector Hunter release.

Now I've been writing articles for Tycoon for a couple of months, and some of you may know that I was certified by Teeka as an ETF Master Trader trainer. Some of you may even know that we've been beta-testing a coaching program for ETFMT members who want one-on-one tutoring in the system.

But there are a couple of things that none of you know, so let me get a few things straight:

1.  I am not, nor have I ever been, a professional trader. I am a professional actor, singer, and writer, who has to audition for every job I get. I recently had a six-week contract reduced to four weeks (and my healthcare is dependent upon my working at least 20 weeks a year). So I understand these times and how hard it can be to find yourself out of work or without a lot of savings to fall back on. What you do with the little bit of money you have is very important.

2.  I have only been handling my own money (i.e., IRA) for the last five years, and have only had a tiny trading account for about three years. The reason I started to take control of my funds was because of the unpredictable nature of my business. I don't expect to have much in the way of a pension or retirement account from my profession (Hah! I'll be working 'til I'm 90!) That's why, a couple of years ago, after months of reading The Tycoon Report, I decided to take the plunge into the ETFMT program. Now, even more so than ever, I want to make sure that my money is working for me.

3.  I devoured the ETF Master Trader system. I studied, watched and re-watched the DVDs, and applied myself. I looked at hundreds of charts and hundreds of securities to test what I'd learned. I spent hours on the online ETFMT Community conversing with other members. I worked so hard and gained so much knowledge that they made me a trainer, and I've conducted several weeks of phone conferences with fellow members, helping them to get the most from the service.

4.  I have received no monetary compensation for my contributions (a) to this newsletter, (b) to the ETFMT Community, (c) on my blog, or (d) as an ETFMT coach. The only thing I have received is a one-year extension to my Trend Rider subscription (I'm paid up through May for my ETFMT membership.)

5.  I did not know about the new Sector Hunter myself until I got an email in my inbox from Teeka, just like many of you. That's when I called Ben to find out a little about the new program.
So I don't get anything for telling you what I'm about to tell you.

But I would be doing you an injustice were I not to share with you my experience with the current ETF Master Trader program and the predecessor to the upcoming Sector Hunter service.

When the current, beta version of Sector Hunter came out, as I mentioned above, I was so excited that I ate, drank and slept ETFs. (My wife almost hid my ETF Master Trader DVDs.) I dove right in trading on the signals that were sent to me and found that it paid off. Here is just ONE example:

On September 26, 2008, we got a Sector Hunter sell alert for the Insurance sector. I bought put options on XL Capital on September 30th. On November 11th, I sold them for a 111% profit. Here's the chart for XL:



The day I bought the options is circled in green, the day I sold them in red. Now I could have unloaded them on the 9th of October or waited a bit longer and made more. But I don't spend every day watching my trades, and with a 111% profit, do you think I'm whining about what I could have made? No way, Jose!

This is just one real-life example of how reliable the Sector Hunter alerts have been. I didn't even make the optimal play and I still made a good deal of money. What more could I ask?

If you're out of work and have all the time in the world -- if you don't mind spending hours online looking stuff up, studying charts for the best time to buy and sell, keeping track of your positions in five-minute increments -- you might be just fine without the new Sector Hunter.

But if you're like me, there are times you wish someone or something would just tell you what to do, for crying out loud!

That's why I was so excited about trying out Sector Hunter and why I got involved early on.  The only question was whether the system would be easy AND profitable, or would it just help me lose my money more quickly?

Needless to say, I have my answer. For those who don't have the time or inclination to do tons of research or to conduct their own evaluation of the market and its nuances, the new Sector Hunter will map out exactly what to do, when to do it, and how to follow up on it. Anybody can do it and cash in on profitable trades.

What more could you ask?

(Remember, you can't buy it just yet, but Teeka has created a waiting list.  You can add your name here and he'll send you more details on Sector Hunter, as well as an invitation to join on March 6th.)






Bob De Dea
Guest Contributor
The Tycoon Report