Until the volatility drops and the market stops the big one day moves I am going to sit on the side lines. The exception is to enter short term option trades.
The signal is now down and I am in $$CASH.
Friday, August 19, 2011
Tuesday, August 16, 2011
Markets opened lower so no follow through
With out an open higher and markets moving up the buy signal is on hold. Don't buy unless the markets are moving in the direction of signal.
Monday, August 15, 2011
SPX rallys to 1200 and triggers a buy signal
For now The Trend Advantage is on a buy signal. After last week my confidence level is low and there for I expect more down side. Let's see what the mechanical trading systems says in the coming days. I am long SSO.
Example on how to use the trend is at end of day 7/27 we had a sell signal. Just before the close you could have bought 100 shares of BGZ at 35.36. With a buy signal today at just before the close you would have sold BGZ at 41.45 for a +17% gain. Very Nice ! Also you could have bought 100 shares of BGU today at 58.75. Lets see how this one works out too.
The Trend Advantage
Example on how to use the trend is at end of day 7/27 we had a sell signal. Just before the close you could have bought 100 shares of BGZ at 35.36. With a buy signal today at just before the close you would have sold BGZ at 41.45 for a +17% gain. Very Nice ! Also you could have bought 100 shares of BGU today at 58.75. Lets see how this one works out too.
The Trend Advantage
Friday, August 5, 2011
SPX 1168 held. Is it the bottom?
To soon to tell if 1168 was the bottom. We are no were near a bottom of vicious politics. This article rips the politicians.
http://www.economist.com/node/21525405
The Trend Advantage
http://www.economist.com/node/21525405
The Trend Advantage
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