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No New Edges - January 6, 2012
Heading into the unemployment report, the IWM robot found no ST/LT edge and will stay in cash.
The GDX robot found no edge for a new secondary entry today and is holding its initial long position.
Raise your trailing stop on GDX to 50.26, then relax and enjoy a long 3-day weekend as the robots will need to see Friday’s closing statistics before making any new decision or action.
Billy
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