Gold was stopped out overnight, so technically, there was no ETF signal. However, a new signal to sell gold short was registered tonight, so if you are in DZZ, a stop will be forthcoming tomorrow. In addition, the short Aussie position was stopped out, and similarly, a new signal to go short has emerged. There is no short ETF for the Aussie.
The gold system is 39/48 for 81% profitable, and the Aussie system is 6/6=100%. While the later is not statistically credible, there haven't been many periods in the last 15 years where it would have been wise to have been short the Aussie. Hence, there weren't many instances in which a mathematically generated signal would have been successful.
Our Euro and Cotton positions are still valid and lead the way for the year. They are each up about 13%.
I have been corresponding with some of you and I really enjoy that. However, if you have any constructive criticism please let me know, and maybe we'll be able to make the BLOG better.
Open Positions Symbol Entry Stop Close Profit
Short Euro EUH10 144.97 137.22 135.39
Short Euro EOU 18.49 20.53 20.81 12.5%
Long Cotton CTH10 69.82 73.90 79.16
Long Cotton BAL 34.02 35.71 38.25 12.4%
Long Russell TFH10 611.00 615.90 628.20
Long Russell IWM 61.66 61.81 63.04 2.2%
Long British BPH10 154.30 151.18 154.07
Long British FXB 153.55 150.58 153.46 -0.1%
Short Canadian CDH10 94.74 96.36 94.91
Long Soy Meal SMH10 274.50 263.50 272.20 -0.8%
Closed Positions Symbol Entry Out Profit Days In Out
Short Gold GCJ10 1103.50 1096.90 660 0 2/24/2010 2/24/2010
Short Aussie Dollar ADH10 89.02 88.87 150 0 2/24/2010 2/24/2010
Any views expressed herein are provided for information 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.
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