Thursday, May 7, 2009

On Friday, 5/8, close:
Gold stock Trading Model : will go to a cash position
SP500 Model : DID give a Buy signal on the close 5/7 at 919.53. As usual, I would expect that you can enter this Long signal 1-2% lower than 919.53.
NDX In and Out
Model : will go to a short position.
NDX Continuous Model : will go to a short position.
NDX Short-term, 3-4 day Model : is now in a cash position.
Long-Short Model : will remain: long SP500, short NDX100.

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