Before we get into the new signals, we should comment that our short gold futures position abruptly ended intra-day. I posted an intermediate BLOG indicating this, and also sent out a warning to those of you who choose to get my daily emails whenever there is a post. Since the futures position ended abruptly, we cashed out the ETF on the close Friday. The result was:
CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS
Short Gold GCG11 1383.00 1378.90 $410 4
Short Gold DGZ 15.51 15.55 0.3% 4
This left our portfolio down to one postion:
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Canadian CDZ10 99.66 98.81 98.51 -$850 10
Long Canadian FXC 99.02 98.53 98.23 -0.5% 10
BUT WAIT: three new interesting signals with good track records. Buy Copper, Buy Coffee and Buy Sugar. While we have had many Copper signals the Coffee and Sugar signals have been rare.
1) Buy Copper: symbols HGH11 and JJC. Track record: 105 wins out of 121 trades for 87%.
2) Buy Coffee: KCH11 and JO. Track record: 27 wins out of 31 trades for 87%.
3) Buy Sugar: SBH11 and SGG. Track record: 62 wins out of 103 trades for 60%.
These see to be good solid signals and a sort of strange combination to all occur together.
Let me know if you have any commments.
Dan
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.
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