Wednesday, July 22, 2009

On Thur, 7/23, close:
Gold stock Trading: 2 Models to follow, one is more volatile:
More Volatile Model: will go to a short position on the close.
Less Volatile Model: will go to a short position on the close.

SP500 Long Term Model : Has been slightly revamped, combining 3 approaches into one. It gave a Buy signal, will try to establish a 1/3 Long position at SP500 930.00.

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.

NDX More Volatile Model (is always long or short): will go to a short position.
NDX Less Volatile Model (is in cash about 60% of the time): will go to a long position.
NDX Short-term, 3-4 day Model : Is now back in cash...

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