GDX and IWM Cluster Strengths for June 6, 2011

[slgerritz]

$81.18 is the new robot buy signal for Monday, June 6th.

The robot, since it is NOT in the position, is still searching. It's a terminology issue; the target entry is 81.18 on the SHORT side, e.g., "sell short" to enter.

Regards,

pgd

Thanks Paul - Here's another question.

The "These are the probabilities for the combined Long term / Short term settings:" section is as follows:

Today's SHORT settings are NEUTRAL.
The LT algo found a short edge of -1.25%. This is lower than the -0.75% limit
The ST algo found a relatively weak negative edge of -1.59%
The LT edge is more positive than -2%. In the past this combination led to a 3D short LOSS of -0.11% from the previous day's close. The trade became positive after three days in 53.1% of the cases.

It appears that the more negative the number --- the more positive the return potential. Am I reading this correctly? Also is a NEUTRAL for the short setting saying that I do not have very good odds at making a gain. How does the built-in Multi Pivot 1/3 risk return ratio factor in to the robot signals?