Monday, April 27, 2009

On Tuesday, 4/28, close:
Gold stock Trading Model : will go to a Short position
SP500 Model : Gave a new Short signal on the close today, at 857.51. Last signal was a Long from 750.74. With almost all signals (but not all) you can exit the previous signal at a 1-2% better price, sometime over the next 1-3 days. So I will look to short the market at about 865+, basis the SP500 index, sometime in the next few days.
NDX In and Out
Model : will go to a Short position.
NDX Continuous Model : will remain in a Short position.
NDX Short-term, 3-4 day Model : is in a cash position.
Long-Short Model : will remain: long NDX100, short SP500.

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