S&P Up

The S&P was down 10 points during the evening, up 26 points intra-day, then closed up 12. We are still short the market, and up 9.8%. We were stopped out of two positions today: Cotton at a loss and the Swiss Franc for a gain. Here are our positions:

PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Short S&P ESU10 1110.50 1024.20 1042.75 $4,315 15
Short S&P SH 50.17 55.09 53.43 9.8% 15
Long Soymeal SMZ10 267.50 262.40 255.50 -$510 8
Long Corn CZ10 382.75 379.25 255.50 -$175 5

Note that there are no ETFs for Soymeal and Corn.

Closed Out Symbol Entry Out Profit Days
Long Swiss SFU10 92.58 94.06 $1,850 9
Long Swiss FXF 91.81 93.45 1.8% 9
Long Cotton CTZ10 79.31 74.71 -$2,300 26
Long Cotton BAL 38.51 36.78 -4.5% 26

This evening we got two computer-generated futures signals: buy Copper and sell short Lumber. Both of these commodities are construction-based, so on the surface they are diametrically-opposed. However, the Copper was stopped out with a small gain overnight. Therefore, all that is remaining is the short Lumber. Its record is 42 wins out of 53 trades for 79%. There is currently no ETF for Lumber that I know of.

Thanks for your support; it is very much appreciated.

One correction to an earlier BLOG Post: we have been read in every continent except Antarctica.

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.