The stock markets were up again today, and are up overseas again as well. Our star right now is the New Zealand Dollar, up significantly over the past 6 calendar days. Having said that, I am humbled by markets this year. Sometimes predictable by hindsight, and sometimes I believe on the surface irrational, the markets move as they will. I am glad that I have something mathematical to cling to, since that has always been my place of comfort. I am always amazed by the gurus who get it right using fundamental facts that are available to everyone, since they seem to come to the right conclusions.
New Signals: Go LONG Natural Gas: Market On Open. Symbols: NGN11. Record: 142 wins out of 181 trades for 78%. Open: 4.655, Stop: 4.451. CAUTION, CAUTION, CAUTION. Most long positions taken on this alternative to crude oil have proven to be wrong over the past two years. The stop, while tolerable from the futures standpoint, is too deep for the ETF; therefore, the ETF won't be tracked by the BLOG. Editor's Note: the next day, even though Natural Gas was at a loss, we decided to track the ETF in the BLOG. Subsequently, it rallied into profitability.
Thanks for your readership; it is appreciated!
Our Active and Closed Out Positions Appear in the Table Below:
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