Another Good Day for the BLOG

After today, we are almost at 28% Year-To-Date on our ETF trades. We hope we will finish the year at this level.

Our portfolio:

PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Coffee KCH11 208.80 239.30 226.25 $11,438 16
Long Coffee JO 57.57 64.13 60.63 11.4% 16
Long Sugar SBH11 29.20 34.39 31.16 $5,813 16
Long Sugar SBB 86.25 100.61 91.16 16.6% 16
Long Gold GCG10 1386.30 1405.2 1392.6 $1,890 7
Long Gold GLD 135.60 137.22 135.99 1.2% 7
Long British BPH11 154.11 153.58 150.99 -331.25 1
Long British FXB 152.98 152.98 150.40 0.0% 1

We have three really good signals for tomorrow; they all have great historical track records. However, BLOG readers know that we limit our ETF portfolio to five positions.

The signals are: buy Silver, buy Copper, and buy the Euro Currency. The track records are, respectively: 103 wins out of 119 trades for 87%, 107 wins out of 123 trades for 87%, and 68 wins out of 86 trades for 79%. Since we are already long the British, and long Gold it is my thought that the Euro and Silver signals are too highly correlated with inherent contagion risk. If they all turn out to be winners, we wouldn't care. But, I think that the most prudent signal to follow would be copper, since it is less directly correlated to all of our four existing positions. This is a judgment call, something we try to avoid in the BLOG, since we seek to use algorithms to establish all our positions. However, we have three good algorithms and only one position left given our methodology. So, copper it is. We hope that they will all make money anyway.

Symbols for copper: HGH11 and JJC. Caution: this copper signal is usually in the market only about 5 days.

Have a profitable day tomorrow!




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. Past performance is not indicative of future results. Investors should discuss any investment with their personal investment counsel. The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy. We may have positions in one or more of the ETFs or futures of the computer-generated signals.