E-Currency Exchange Trading - Account Update 11/13/05

This is the Account summary from 11/12. I have made 7 digot purchases for the account this week. The purchases amounted to approx $700.

The OutXchange(s) that I told you about before, are still in the process. There are 3 OutXchanges with a dollar value of approx $673. (You will recall that my intention is to bring this money back in to purchase more digots.) If the recent statistics play out, I may see 1 of the Outxchanges processed this week. (I know, that is what I said last week too!)

The average daily profits over the last 7 days has been .14% including the allowance for fees. The strength of the US Dollar relative to the other currency remains to put a drag on the portfolio. The portfolio is heavily weighted with non US currency so, strength in the USD will sometimes work adversely to this portfolio. Should this trend continue to show strength, I will probably favor the purchase of US digots over that of other Ecurrency. No drastic moves yet... Just monitoring. Actually, the purchases made this week were $300 US based and $400 other.

You can see that my "Res Bal" is $925. This is the amount currently available to purchase e-currency digots. The premiums have come down to a reasonable level so I will be purchasing more digots this week.

Not much in the way of news this week from DXinOne. They continue to express their awareness of the OutXchange slowdown and have conveyed their commitment to resolve this issue by implementing changes that will force out-of-balance portfolios to become more in-line.

I think people are starting to come around to the reality of portfolios being blown way out of purportion. Recently the various Forums and newsletters have had much talk about how to align the portfolios. It will be a historic day when the majority of portfolios overcome the 'GREED' factor. When that happens I believe the OutXchange process will improve and Portfolio profits will increse.

That is all for this week.

As always, if you have any questions or comments, feel free to post them here or send an email to mailto:info@futures-brokers-review.com.