NDX PR .. Signal will remain on a Buy through tomorrow's close. I mentioned in the previous post that even though I did get a short-term sell signal (that usually signals at least a 2% move, in this case down), I expected that this would not generate the usual 2% move, and to look for only a 1% move down, from the sell signal on the close 4/11, at 1798. The low on the 16th was 1776, about 1.2% down from 1798.
XAU PR .. Signal will remain 33% short through the close tomorrow.
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After years of investing and trying different methods, I have settled into just a few different patterns that are easy to follow. I invest in gold stocks, the SP500 index (SPX) and the Nasdaq100 index (NDX). Please first read the 2 posts on 12/31/09: "3 Trading Models" and "Combining the Models".
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