Say Goodbye to Silver!

Our longest running algorithm, long silver, gave an exit signal for Monday morning. This means a target profit has been met. This does not mean that silver is going to stop its tremendous run up. It simply means that given the data tested, an exit at this point optimized the algorithm. Make sense?

Here is our portfolio before we exit silver on Monday:

PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Silver SLV 18.36 21.01 19.92 14.4% 33
Long Soy Oil BOZ10 40.86 44.89 42.09 $2,418 20
Long Zealand NE1U10 72.90 72.99 71.45 $90 12
Long Zealand BNZ 23.36 23.38 22.89 0.1% 12
Long Soy Meal SMZ10 296.00 317.00 301.70 $2,100 10
Long Swiss SFZ10 101.85 101.53 100.33 -$400 1
Long Swiss FXF 101.00 100.72 99.53 -0.3% 4
Long Copper HGU10 357.70 362.70 361 $1,250 2
Long Copper JJC 48.27 48.36 48.13 0.2% 2

Before we get into the new signals for Monday, a little discussion on an anomaly. The Swiss Franc future algorithm was stopped out overnight, BUT, a new signal came for tomorrow. Thus, we closed out a Swiss and we'll have a new future trade, BUT, keep the ETF position intact.

CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS
Long Swiss SFZ10 101.53 101.85 $400 1

For tomorrow, be it noted that I received 2 more signals to buy copper; however, since we are already long, these signals will not be reflected in the BLOG.

We have three new signals for tomorrow: buy Crude Oil, buy Sugar, and buy the British Pound. We may not have room in our ETF portfolio for all of them, depending upon what happens to our existing positions on Monday.

The symbols for Crude Oil are CLX10 and OIL. The record is 34 wins out of 46 trades for 74%. The symbols for Sugar are SBH11 and SGG. The record is 58 wins out of 104 trades for 56%. The symbols for the British Pound are BPZ10 and FXB. The record is 60 wins out of 65 trades for 92%. However, there is a relatively deep initial stop.

That's all for today. Let me know if you have any questions.

Note: there is a new section to the side entitled "Shortcomings and Limitations." It is a good read for those of you who are technically inclined. I assume that most all of you are.

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.