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We had a confirmed short signal.
Do not hesitate to short weak bounces.
You might also wait for tomorrow as we should have a bounce after a two-days pull-back.
I took short positions in GRMN and KMP.
KMP is a pipe-line company. Its revenue depend on the oil flow (decreasing if the economy slows down) and costs of the new infrastructure are linked to interest rates.
Pascal
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Even if the 20DMF EOD reversed back above its short limit and hence is staying in cash, the RT system will open in a short mode. The short position will be closed if we cross above the 0.11% level.
We will soon add to this section an automatic stock picking system that is based on a combination of a reversal to the mean method such as the EV method and a trend following method such as the stage analysis method or the price/sector relative strength method.
Pascal