Monday, July 6, 2009
On Tue, 7/7, close:
Special Note: I believe it is time to lighten up on "long stock positions". If I moved my money into stocks earlier this year after the sell off, I would definitely move at least 25% back out of stocks and into cash... NOW.
Gold stock Trading Model : will remain in a long position.
SP500 Model : remains a Buy signal on the close 5/7 at 919.53. (entry was 1-2% below that)
SP500 Weekly Model : Now in cash. Model missed the long entry point today. Now will Sell at 902.50, with stop loss at 917.00
SP500 Weekly Trade: (similar to Weekly Model) Trade missed the long entry point today. Now will Sell at 902.50, with stop loss at 917.00
NDX In and Out Model : will go to a short position.
NDX Short-term, 3-4 day Model : Gave a new sell Signal... on the close 7/1. Officially, will exit 1/2 position on Tuesday close and 1/2 position on Wednesday close. I did take profits today (Monday).
Long-Short Model : will be: long SP500, short NDX100.
Special Note: I believe it is time to lighten up on "long stock positions". If I moved my money into stocks earlier this year after the sell off, I would definitely move at least 25% back out of stocks and into cash... NOW.
Gold stock Trading Model : will remain in a long position.
SP500 Model : remains a Buy signal on the close 5/7 at 919.53. (entry was 1-2% below that)
SP500 Weekly Model : Now in cash. Model missed the long entry point today. Now will Sell at 902.50, with stop loss at 917.00
SP500 Weekly Trade: (similar to Weekly Model) Trade missed the long entry point today. Now will Sell at 902.50, with stop loss at 917.00
NDX In and Out Model : will go to a short position.
NDX Short-term, 3-4 day Model : Gave a new sell Signal... on the close 7/1. Officially, will exit 1/2 position on Tuesday close and 1/2 position on Wednesday close. I did take profits today (Monday).
Long-Short Model : will be: long SP500, short NDX100.
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