Tuesday, January 5, 2010

For Tue, 1/5, close:
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, 14 trades, up +7.1%. (2008 was an unusual year, up +66%). NDX Short-term, 3-4 day Model : the model gave a NEW SELL signal for on the close 12/30, so it is currently on a sell signal. Although the prediction numbers are indicating a down move from here, the model is traded mechanically, and it will liquidate 1/2 of the short position, back to cash, on the close 1/5 Tuesday. Then the remaining 1/2 of the position will be liquidated back to cash tomorrow, on the close 1/6 Wednesday.

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