TNA is now on a buy signal...
Past performance is not indicative of future results.
JustSignals successfully uses both composite cycles and technical analysis to maximize gains and minimize losses... "Confidence is contagious. So is lack of confidence" -Vince Lombardi
Friday, December 17, 2010
Wednesday, December 15, 2010
TNA...updated trading performance
These signals have been very good with a 124% net gain!
Note that there were a total of 38 trades...22 gains...16 loses...
Not a bad record...
Past performance is not indicative of future results.
Note that there were a total of 38 trades...22 gains...16 loses...
Not a bad record...
Past performance is not indicative of future results.
Sunday, December 12, 2010
Precious Metals...OB/OS
This chart starts at March 2009...
Turquoise = precious metals mutual fund...note that after investors sold this fund, a bottom in the price of gold formed (this chart does not have the price chart for gold...please compare this chart to a gold chart and match up the dates)...It is easier to spot bottoms than tops...
Blue = Long mutual fund
Fuschia = Bear mutual fund
Black = SPY
Saturday, December 11, 2010
Long & Short Funds Ratio
This chart is from March 2009 to the present...It is the ratio of dollars in long funds divided by (dollars in long funds plus dollars in short funds)...Note that this ratio is currently at the same level as it was in April 2010 before the market corrected into July 2010...This does not mean that the market cannot advance from here, but, we should exercise some caution...We are still holding our long position since Dec 1st and we will wait for a new signal before we sell our position...
Friday, December 10, 2010
TNA...OB/OS
The yellow and light blue lines indicate when the market may be in a potentially oversold or overbought area...Today these lines are in the same overbought area as we were back in April 2010 before the market sold off into a July 2010 bottom...This does not preclude the market from going higher...Just that we should be cautious here and always wait for our trigger to tell us what to do...
Sunday, December 5, 2010
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