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  1. #1
    Selling has accelerated and the OB_OS indicator is back below -90


    Pascal

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  2. #2
    Join Date
    Oct 2011
    Location
    Brugge-Belgium
    Posts
    394

    Are we LONG today?

    According to your post of 9:26 PM yesterday, I concluded that the buy signal on the 20DMF was not triggered.
    Yet if I look now (7:30 AM) to the 20DMF page it tells me that it is long. This page is calculated based on the data of 16:00 PM.
    The IWM Robot page also tells me that he is in buy mode and that the robot will go into in long trade as of the opening today.
    I thought that a move up of the OB/OS signal that does not go above the -90% level did not count as a valid buy signal? Am I wrong here?
    Is the 20DMF and the IWM Robot buy mode valid?

  3. #3
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
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    1,999
    Quote Originally Posted by pdp-brugge View Post
    According to your post of 9:26 PM yesterday, I concluded that the buy signal on the 20DMF was not triggered.
    Yet if I look now (7:30 AM) to the 20DMF page it tells me that it is long. This page is calculated based on the data of 16:00 PM.
    The IWM Robot page also tells me that he is in buy mode and that the robot will go into in long trade as of the opening today.
    I thought that a move up of the OB/OS signal that does not go above the -90% level did not count as a valid buy signal? Am I wrong here?
    Is the 20DMF and the IWM Robot buy mode valid?
    Yes, it all happened in the last minute. Billy
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  4. #4
    Join Date
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    Please excuse me for asking a novice question again

    Is it now the intention that we place a market order at the opening?
    Or do we place a limit buy order with a trigger @ 68.74

  5. #5
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
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    Quote Originally Posted by pdp-brugge View Post
    Please excuse me for asking a novice question again

    Is it now the intention that we place a market order at the opening?
    Or do we place a limit buy order with a trigger @ 68.74
    Yes, limit buy order @68.74 valid for one day only.

    Billy

  6. #6
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?

  7. #7
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
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    1,999
    Quote Originally Posted by Adriano View Post
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?
    Yes, there seems to be a bug for the indicative prices of entries and stops of related ETFs.
    Pascal will check and update the page with correct indications.
    We apologize for this problem.
    Billy

  8. #8
    Quote Originally Posted by Adriano View Post
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?
    Yes, you are right: the data was not correctly uploaded from Yahoo for UWM, TZA and TNA.
    Thanks for having noticed it.

    I corrected this.


    Pascal

  9. #9
    Join Date
    Dec 1969
    Location
    Montreal Quebec Canada
    Posts
    55

    What are the probabilities that we can't buy?

    Pascal,
    In your comment you say: "Furthermore, any pull-back will force us into cash again, since we are close to the -90 level which would trigger the fail safe mechanism."

    As Adriano says:
    Quote Originally Posted by Adriano View Post
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close ...
    If IWM drops by 1.50% and independantly of the intraday move closes down by about this %, won't this trigger the fail safe?

    PLEASE DELETE MY QUESTION. I just read Billy's comment and it clears up my question. Thank you
    Last edited by Pierre Brodeur; 11-29-2011 at 08:14 AM. Reason: typo

  10. #10
    Rather weak MF today.


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