Sunday, July 26, 2009

On Mon, 7/27, close:
Gold stock Trading: 2 Models to follow, one is more volatile:
More Volatile Model: will remain in a cash position on the close.
Less Volatile Model: will remain in a cash position on the close.

SP500 Long Term Model : The "gives a BUY signal" from last weekend should have been taken. I should have just followed it and bought at the open last Monday at 942.00. Trying to wait for the SP to get down to "930 or lower" last week did not work. So this Model is "technically" 1/3 long (33% long:67% in cash) from 942.00.

SP500 Weekly Trade: If the market starts higher this week, sell if the SP500 gets up to 997.00. Use a 1014.00 stop loss. Exit the short if the SP500 gets down to 978.00

NDX More Volatile
Model (is always long or short): will remain in a long position.
NDX Less Volatile Model (is in cash about 60% of the time): will remain in a long position.
NDX Short-term, 3-4 day Model : Gives a Buy signal on the close Monday. Then this signal will be exited 50% on Thursday's close and the remaining 50% on Friday's close. Because the market has been so strong, I will wait for a pullback (1-2% below Monday's close) before entering this signal

Long-Short Model : will be: long SP, short DOW.

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