A few days ago, I commented about how lackluster the new algorithms had been. Sure enough, that has all changed today. There are a total of 7 new signals, not 6 as previously reported. The reason for the disparity is that I produced the first BLOG today shortly before 3pm Pacific Time. However, data for the Russell 2000 Stock Market Index is not available until 5pm Pacific Time: we now have a buy on the Russell. Yes, some of these signals are short-lived; others go for months.
We'll need some time to contemplate what to do with so many signals. There is lots of possible contagion here. Since we're already long Gold, I think we'll skip Silver this time around. The Russell is our only stock market signal, so we'll follow it. Soy would be our only food, and as you heard from Jim Rogers, food is likely to go much higher. Of the three currencies, I'll take the Swiss Franc, since is based upon an intrinsically better-run economy than the British Pound. Also, the Japanese Yen has been one of the strongest currencies for the year. Many times, it used to go the opposite direction of the Swiss Franc (thus, a hedge) but not so much recently.
That's all for now. As always, I'm open for questions.
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