Signals for Tuesday--Revised

All of the current positions for the BLOG are positive! Overall, the systems have generated some respectable results for the year. On the day, Cotton and Platinum were up, while the Aussie Dollar and the Russell 2000 were down slightly.

Before I get into the technical details of today's results, let me take a step back. The number of people reading the BLOG each day continues to increase. Some of you are very technically-oriented and like the bare numbers and results. Others find the BLOG intriguing, but have asked me for more explanation. For those of you who need supplemental information, what would be the best medium for me to help you? How about a separate email to you? If you think that would work, please let me know by emailing me at bassanalytics@live.com.

For tomorrow, we have two new signals. Buy Cocoa, futures symbol CCK10, and ETF symbol NIB. The track record for this system is 313 wins out of 391 trades, for 80%. Also, sell short the Euro Currency (or, put another way, go long the U.S. Dollar), futures symbol ECM10, and ETF symbol EUO (corrected). Note, this ETF is 2x short the Euro. Its goal is to move up when the Euro declines. It moves twice as fast as the underlying currency.

This signal is also somewhat contrary to our long Aussie position. The record on the Euro system is 9 wins out of 9 trades for 100%, so it has a very good record, while not statistically significant. However, most of the history of the Euro has been positive (an upward trend), so one wouldn't expect a history of profitable short trades.

These computer systems assume entry into the positions at the open market price.

Open Positions Symbol Entry Stop Close Profit
Long Cotton CTK10 70.34 78.40 80.76 $5,210
Long Cotton BAL 34.02 37.72 38.86 14.2%
Long Russell TFH10 611.00 637.20 671.80 $6,080
Long Russell IWM 61.66 64.01 67.49 9.5%
Long Platinum PLJ10 1534.90 1559.40 1615.80 $4,045
Long Platinum PTM 18.40 18.66 19.33 5.1%
Long Aussie ADM10 89.58 89.91 90.56 $980
Long Aussie FXA 90.30 90.89 91.55 1.4%

Closed Positions Symbol Entry Out Profit
Long Canadian CDM 97.57 98.06 $490
Long Canadian FXC 96.76 97.75 1.0%



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Any views expressed herein are provided for information purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.

The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.