Investors & Friends:

Here's a summary of our investment actions from the past week.

Long Stocks

1) We sold Fundtech Ltd (Nasdaq: FNDT) on 10/20 @ $13.92 for a .36% gain.

Return calculation = ($13.92 sale price - $13.87 buy price) / $13.87 buy price x 100% = .36%

Option Strategies - Naked Puts

2) Moody's Corp (NYSE: MCO) - We sold January out-of-the-money puts.

Short Strategies

3) We shorted the St. Joe Company (NYSE: JOE) on 10/21 @ $27.19. Our target price range is $24.29 - $24.82, and our stop is set at $29.80.

The Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending 10-23 is attached.

Lead Fund Manager
Investrio

Etcetera

We're watching the dollar (UUP) as it approaches support at $22. If it breaks support, then the stock market may go up another leg. If the dollar doesn't break support, then this will add another data point to the 'market is topping and running out of steam' hypothesis.