My apologies for not checking in with you sooner. On Monday I was occupied with a matter of urgency that precluded me from corresponding with you.
First, there was a futures position that never got to the ETF stage, because it was stopped out overnight. This was the short NASDAQ. The results were as follows:
Closed Portfolio Symbol Entry Out Profit Days
Short NASDAQ NQM10 1821.25 1801.25 400 1
Secondly, there were two signals for today that I never documented because of a matter that needed my attention. Those two positions, buying Gold and buying the British Pound, are shown below:
PORTFOLIO Symbol Entry Close Stop Profit Days
Long Gold GCM10 1192.50 1198.00 1196.10 550 1
Long Gold GLD 117.16 117.36 117.17 0.2% 1
Long British BPM10 144.09 143.88 140.97 -131.25 1
Long British FXB 143.31 143.43 140.53 0.1% 1
I apologize for any inconvenience.
Finally, for tomorrow, we have a signal to buy Platinum. This metal's price has been "beaten up" pretty badly of late. The symbols are: PLN10 and PTM. The record for the system historically is 33 wins out of 56 trades for 59%. This is not a great record for one of my systems. However, this system has a very tight initial stop of only 1.5%. So, the system has either generated a very quick run-up, or a very short-term loss. There are no guarantees in this business of making predictions using statistics. As usual, the normal cavaets apply below.
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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