Thursday, July 14, 2011

Buy #1 confirmed.

3:48pm: Buy signal confirmed.  Initiating 50% long position in TNA.  50% remains in cash.

12:29pm: With a couple hours left to go, I'm getting a strong buy signal.  The last strong buy signal was generated June 24th.  Once again, here are the statistical results associated with strong buys. 

1)  40% chance of a 10% gain in 3-6 days.
2) 80% chance of a higher close within 3 days.
3) 95% chance of a higher close within 2 weeks.

These stats have not been updated to reflect June 24 results, so %'s should actually be a bit higher now.

I will update later with the official signal.

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