Quote Originally Posted by sesorensen View Post
I have a few issues re GDX Robot.

As of 20 May 2011 the GDX Robot advocates for a RELATIVE STRONG BUY with LT strong positive edge (2.4%) but with a ST very weak positive edge (0.93%) leading to a statistical 3D LOSS and only 45.8% of cases positive after three days. In a previous forum note Billy states that the best bias should be +3% for buy trades and 3% for sell trades.

Q1: Is it possible to have an overview of a full spectrum of negative/positive edges both for LT and ST and an explanation/definition of different levels of edges, and what they may indicate for our trading? If it is explained in the Trading GDX report (pdf) from 8 May 2011 I am not able to read it correctly.

I noticed that Friday (20 May) there was a massive influx of Large Players intraday which turn around and ended at almost same MF level as for the day’s start. The price went up concurrently intraday by almost 1.5% - yet ended in only +0.25%.

Q2: What could be an explanation for such a relative dramatic in-and-out move?

Best
Sorensen
Thanks for this question. I saw that Billy already responded.

I inserted a new table that shows how the LT/ST combination works for GDX.

I will do the same for the IWM Robot.


Pascal