Multi-Pivots Robot Setup - August 1, 2011

[Billy]

And now some serious buy programs have triggered. A short term bottom is beginning to take shape and the robot will probably not be stopped out today.
But keep also some ammunitions for the next GDX trade for optimal dual robots performance!
Billy

[manucastle]

And now some serious buy programs have triggered. A short term bottom is beginning to take shape and the robot will probably not be stopped out today.
But keep also some ammunitions for the next GDX trade for optimal dual robots performance!
Billy

Attachment 9599

Billy,

$TIKRL is still underperforming $TICK so hope it improves into the close.

Trev

[nickola.pazderic]

Hi --

I'm confused by GDX Robot signals. Will they be issued, if necessary, in the next 19 minutes-- i.e., end of day?

Watching, waiting...

Thanks,

[Billy]

Hi --

I'm confused by GDX Robot signals. Will they be issued, if necessary, in the next 19 minutes-- i.e., end of day?

Watching, waiting...

Thanks,

Nickola, for GDX, any signal can only be confirmed EOD and so, if any, entry will be at tomorrow's open.
Sleep quiet!
Billy

[adam ali]

Pascal and Billy,

Can you refresh my memory: is it possible for the 20DMF to give a sell signal, and the IWM Robot to remain long (or even initiate a new long position)?

And, Pascal, just because it's been such a crazy day, I'd like to ask whether you see the inverse ETFs giving a sell signal here? My guess is no with the late-day buying.

[Pascal]

Pascal and Billy,

Can you refresh my memory: is it possible for the 20DMF to give a sell signal, and the IWM Robot to remain long (or even initiate a new long position)?

And, Pascal, just because it's been such a crazy day, I'd like to ask whether you see the inverse ETFs giving a sell signal here? My guess is no with the late-day buying.

Out of the 905 trading trading days of the past years when the 20DMF issued either a buy or a short signal, the robot issued an opposite signal during 42 days, or about 4.6% of the time. So, in theory, the robot can indeed give an opposite signal.

As for todat's close signal, let's wait for tomorrow. The new robot signals will be posted about five hours before market opens.


Pascal