Wednesday, July 29, 2009

On Wed, 7/29, close:
Gold stock Trading: 2 Models to follow, one is more volatile:
An error was made yesterday... NEITHER model actually gave a buy signal on yesterday's close. On yesterday's close, both models were to remain in cash.
More Volatile Model: will go to a long position on the close.
Less Volatile Model: will remain in a cash position on the close.

SP500 Long Term Model : This Model is "technically" 1/3 long (33% long:67% in cash) from 942.00.

SP500 Weekly Trade: For today only, Buy if the SP500 gets down to 964.00, with a 950.00 stop loss, and target profit at 983.00.

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 : Gave 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.

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

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