Monday, October 12, 2009
On Tue, 10/13, close:
Gold Stock models: For the time being, I will report the general trend based on the pattern recognition daily predictions. On 10/2 the prediction numbers were very positive. Now the prediction numbers are very negative. Emphasis should be to the short side.
NDX Nasdaq 100: 2 Models to follow
The NDX model moves in and out of long and short positions and about 46% of the time is in cash. NDX Model: will remain in a 50% long position on the close.
The NDX Short-term, 3-4 day Model has a 2.75 year history of generating profits, and trades about once every 3 weeks. NDX Short-term, 3-4 day Model : the model gave a BUY signal on the close Wednesday.. NDX at 1710.50 . Exited 1/2 position on Monday's close with a 1.1% gain, and will exit 1/2 position on Tuesday's close. So on the close Tuesday it will be again 100% in cash.
SP500 Long Term Model : Remains 100% Long position at 1058.00
SP500 Long Term "Long Only" Model : Went Long the Market 3/30/09 at 787.53
Gold Stock models: For the time being, I will report the general trend based on the pattern recognition daily predictions. On 10/2 the prediction numbers were very positive. Now the prediction numbers are very negative. Emphasis should be to the short side.
NDX Nasdaq 100: 2 Models to follow
The NDX model moves in and out of long and short positions and about 46% of the time is in cash. NDX Model: will remain in a 50% long position on the close.
The NDX Short-term, 3-4 day Model has a 2.75 year history of generating profits, and trades about once every 3 weeks. NDX Short-term, 3-4 day Model : the model gave a BUY signal on the close Wednesday.. NDX at 1710.50 . Exited 1/2 position on Monday's close with a 1.1% gain, and will exit 1/2 position on Tuesday's close. So on the close Tuesday it will be again 100% in cash.
SP500 Long Term Model : Remains 100% Long position at 1058.00
SP500 Long Term "Long Only" Model : Went Long the Market 3/30/09 at 787.53
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