Investors & Friends:

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

Option Strategies - Naked Puts

1) Medtronic Inc (NYSE: MDT) - We sold Jan '12 $20.00 puts. On Tuesday Medtronic was down almost 12% resulting from its earnings miss. Volatility (CBOE Volatility Index) was up 12%. Medtronic is a company with a wide moat, i.e., a durable competitive advantage versus its peers in the medical equipment industry. Its Great Recession low was $23.98 on 3/2/09.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending August 27, 2010. We added a new Internet Resource, the Financial Crisis Observatory, to aid our understanding of market bubbles and crashes.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

Etcetera

1) Sit Still This is Going to Hurt. Click here.

2) Birthrate is lowest in a century. Click here.

3) The arguments of Jean-Claude Trichet, president of the European Central Bank, resemble those of conservative Republicans in the U.S., who have argued against additional fiscal measures even in the face of high unemployment. Trichet cites high debt as biggest threat to recovery. Click here.