Today, we exited yet another position with profits: the New Zealand Dollar. The stats appear below:
CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS
Long Zealand NE1Z10 74.46 75.25 $790 9
Long Zealand BNZ 23.74 24.00 1.1% 9
Note: BNZ was stopped out lower than its published stop of 24.11, since BNZ "gapped" down.
This leaves us with only one active position, quite a change from a few days ago.
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT
Long Canadian CDZ10 99.66 98.56 98.51 -$1,100
Long Canadian FXC 99.02 98.30 98.25 -0.7%
We have one new signal for tomorrow: sell short gold. Are we kidding? Gold has been in a formidable rally this year. Selling short goes against every fiber of my being. We'll see if I am right, or the computer programs which govern the BLOG. Hang on to your seats.
For the record: the symbols are GCG11 and DGZ. The algorithmic system has a record of 43 wins out of 59 trades for 73%.
Good luck!
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest. Past performance is not indicative of future results. Investors should discuss any investment with their personal investment counsel. The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy. We may have positions in one or more of the ETFs or futures of the computer-generated signals.
Our purpose is to quantitatively analyze markets to identify trends and over-bought/over-sold situations. We use computer programs applied to large amounts of data and trade markets by mathematical algorithms. We track these algorithmically-generated trades with ETFs and Futures. This BLOG is provided free of charge. Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.
Historical Returns
The following represents the BLOG's 2010 ETF returns vis-a-vis other benchmark investment measures:
------------$Initial-----%Growth----$Return-----$Result
BLOG-----$100,000----26.6%-----$26,646-----$126,646
S&P 500--$100,000----12.8%-----$12,783------$112,783
1.5% CD--$100,000-----1.5%----- $1,500-----$101,500
S&P result excludes dividends.
Return on one Futures Contract: $137,684 (roughly margin of $25,000 to $50,000).
Please see the BLOG page on "Shortcomings and Limitations."
------------$Initial-----%Growth----$Return-----$Result
BLOG-----$100,000----26.6%-----$26,646-----$126,646
S&P 500--$100,000----12.8%-----$12,783------$112,783
1.5% CD--$100,000-----1.5%----- $1,500-----$101,500
S&P result excludes dividends.
Return on one Futures Contract: $137,684 (roughly margin of $25,000 to $50,000).
Please see the BLOG page on "Shortcomings and Limitations."
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