Friday, September 30, 2011

Buy signal confirmed.

Just got back to my laptop and ran the numbers... As I suspected, we finally received a buy signal on the close today. I will be placing a limit buy order for TNA @ 33.00 on Monday morning. Stop loss is set for SPX 1101.54.

More this weekend... enjoy!

Monthly signal archiving...


Date
 Signal
 TNA
Aug 30
 Sell
49.25
Sept 1
 Hold
Sept 2
 Hold
Sept 5
Closed
Sept 6
 Hold
Sept 7
 Hold
Sept 8
 Buy42.52
Sept 9
 Hold
Sept 12
 Hold
Sept 13
 Sell
41.83
Sept 14
 Hold
Sept 15
 Hold
Sept 16
 Hold
Sept 19
 Hold
Sept 20
 Hold
Sept 21
 Hold
Sept 22
 Hold
Sept 23
 Hold
Sept 26
 Hold
Sept 27
 Hold
Sept 28
 Hold
Sept 29
 Hold
Sept 30 Buy33.00




Posted by at

2 comments:

  1. RealMoneyIssuesSeptember 30, 2011 at 11:18 PM

    Welcome back !! Hope you had a good vacation !!
    Please let us know if your research this week-end changes your thoughts on your system's signal. I can see so much weakness on the charts. I am not saying that there won't be up days, but I can see this as the beginning of a large down trend. Just my 2 cents.

    ReplyDelete
  2. MicheleOctober 1, 2011 at 1:04 PM

    Good to have you back, JT. It's been quiet without you - too quiet :-)

    I'm starting to lean RMI's direction. I would have thought we'd be starting to see some seasonality here by now but until the Europeans get their act in gear, I'm afraid we're in for a bad time.

    ReplyDelete

Subscribe to: Post Comments (Atom)