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

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