On Friday the Short S&P and Short New Zealand Dollar were stopped out. As you may know by now, the computer stops that my programs generate are calculated continuously as the data change during the day. Friday's stock market action was quite climatic. The market fell so far that my trailing stops were triggered intra-day. Then the markets proceeded to rally strongly and consequently exit the positions. Usually this type of phenonmenon doesn't occur intra-day, but when it does this is a shortcoming of this BLOG, since I don't usually update it intra-day. So, I apologize for any inconvenience that this may have caused.
The three new positions were all stopped out overnight, with 2 gainers and 1 loser.
Closed Portfolio 1 Symbol Entry Out Profit Days
Short Gold GCM10 1176.00 1195.00 -1900 1
Short Crude CLM10 79.63 75.33 4300 1
Short Silver SIN10 17.52 17.34 875 1
Short S&P SPM10 1195.75 1123.75 3600.00 18
Short S&P SH 48.00 51.08 6.4% 18
Short Zealand NE1M10 71.70 73.03 1370.00 8
For Monday we have 5 new signals. However, because of contagion risk we will only track three for the BLOG. Buy Aussie, British, Euro, Swiss and Platinum. We'll track Aussie, Swiss and Platinum. The Swiss system has the best historical record of the European currency signals. The Swiss is 26/27=96% historically. The symbols are FXF and SFM10. The Platinum record is 29/33=88% and the symbols are PLN10 and PGM. Finally, the Aussie has a record of 58/64=90% and the symbols are ADM10 and FXA.
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational 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.
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