Thursday, July 30, 2009

On Fri, 7/31, close:
Gold stock Trading: 2 Models to follow, one is more volatile:
More Volatile Model: will go to a long position on the close.
Less Volatile Model: will remain in a cash position on the close.
BUT... a favorite pattern for Gold Stocks is giving a SELL on the close tomorrow.

SP500 Long Term Model : This Model is "technically" 1/3 long (33% long:67% in cash) from 942.00. It will move to CASH 100% on the close Friday.

SP500 Weekly Trade: No Trade this week

NDX More Volatile
Model (is always long or short): will goes to a short position.
NDX Less Volatile Model (is in cash about 60% of the time): will go to a cash position.
NDX Short-term, 3-4 day Model : Gave a Buy signal on the close Monday. Then this signal exited 50% on Thursday's close and the remaining 50% on Friday's close.

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

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