Today our longest running programmed position was stopped out with a massive profit: Platinum. Silver was also stopped out with a loss as shown below:
Closed Portfolio 1 Symbol Entry Out Profit Days
Long Silver SIN10 18.69 17.74 -4750.00 3
Long Silver SLV 18.41 17.51 -4.9% 3
Long Platinum PLJ10 1534.90 1653.70 5540.00 70
Our best open position is the short S&P, which has been short for 17 days now.
PORTFOLIO #1 Symbol Entry Stop Close Profit Days
Short S&P SPM10 1195.75 1179.00 1164.00 $1,588 17
Short S&P SH 48.00 48.79 49.42 3.0% 17
Short Zealand NE1M10 71.70 73.03 71.53 $170 8
We have three new signals for tomorrow: short silver, short gold and short crude oil. Given the recent run ups in these commodities, the signals would indicate that they are over-bought. On the other hand, going short could be like trying to stop a "freight train." For crude oil, the system generated 28 wins out of 29 trades for 97%. The symbol is CLM10 and short OIL. For Gold the record was 24 wins out of 26 trades for 92%. The symbols are GCM10 and short GLD. Finally, for silver the record was 19 wins out of 25 trades for 76%. The symbols are SIN10 and SLV. Note that the ETFs mentioned this time are long ETFs, so to accomplish what the programs say you would need to go "short" the ETFs. This is can be done.
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.The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
No comments:
Post a Comment