Wednesday, July 22, 2009

On Wed, 7/22, 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 Model : Gives a Buy signal, will try to buy at SP500 930.00. Currently short from 887.00.
SP500 Weekly Model : Although these 2 models do not often run together, it also gives a Buy signal, will try to buy at SP500 930.00. Currently short from 887.00.

SP500 Weekly Trade: Will trade one of 2 ways this week. If the market moves up first, sell at 964.00, with a stop loss at 976.00, and plan to exit the short at 930. If the market moves down first, buy at 925.00 with a stop loss at 906.00, and plan to exit the long at 943.00.

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 cash position.
NDX Short-term, 3-4 day Model : Is now back in cash...

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

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