Wednesday, October 19, 2011

Buy signal confirmed.

4:15pm: It was indeed, a strong buy signal.

3:46pm: Even though it seems the market wants to roll-over, I am getting another buy signal. The more the market sinks today, the stronger the buy signal. If we see a slight recovery over the last 10 minutes, it will be a weaker signal - but a buy signal nonetheless.

The system will move to 50% TNA with 50% cash reserves.


  1. I am sensing trouble with this long position today. Might be a better entry on today's close.

  2. This market is backwards. It's taking the stairs down and the elevator up.

  3. This market is definitely acting odd lately, although I'm starting to see a symmetrical triangle in the Dow. That could be positive in the days to come.