Thursday, January 21, 2010

For Fri, 1/22, close:
Gold Stock models: The prediction numbers are positive now. The model gave a buy signal on the close, 1/21 with XAU at 159.49. If the XAU were to reverse and get up to 176.05, then profits should be taken at that point. If the XAU continues lower, then the model would use 146.80 as a Stop Loss point to liquidate the position. If neither is hit, then the position will be liquidated in 9-10 trading days.

NDX Nasdaq 100:
The NDX Short-term, 3-4 day Model has a 3 year history of generating profits, and trades about once every 3 weeks. For 2009, 15 trades, up +8.2%. (2008 was an unusual year, up +66%). NDX Short-term, 3-4 day Model : the model is now 100% in cash. For 2010, so far, this model is down -1.2%. Currently, the overall prediction numbers are slightly positive.

There is another NDX model that deserves watching. I am not consistently trading it until it proves itself (although I did take this recent sell signal, because of other factors that agreed with a sell off). The NDX model moves in and out of long and short positions. NDX Model: ... currently this model is 100% short from 1874.00. Target profit at 1780.00 and Stop Loss at 1982.00.

SP500 Long Term Model : Thursday, 1/21, 1115.00 was hit, so this model is back to 100% long. It is likely that this model COULD reverse to a sell signal with this weekend's analysis. Up +30.5% for 2009. For 2008, up +22.9%. This model does not usually switch often.

SP500 Long Term "Long Only" Model : Went Long the Market 3/30/09 at 787.53. Still in a Long position, 100% invested in the stock market. Up +37.7% for 2009. For 2008 it was down -4.0%. For 2010, so far, the SP500 "Long Only" model is up +1.9%.

1 comment:

ga said...

Hey Rick...d'oh just finding your blogs now after all this time. boy do I feel stupid.
GA