20dmf

[Adriano]

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?

[Billy]

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

[Riskslayer]

Hi Pascal,

In the recent description posted on how the 20DMF is used, I see the statement: "the time to go long is when these three conditions are in force: there's a been a direction change in OB/OS signal AND the OB/OS level is between -70 and -90 AND MF is positive"

The main page 20DMF page say MF: -0.64% at the 11/28/11 close.

How is this all interpreted so that 20DMF is in a BUY going into today's open?

Thanks,

Shawn

[Pascal]

Hi Pascal,

In the recent description posted on how the 20DMF is used, I see the statement: "the time to go long is when these three conditions are in force: there's a been a direction change in OB/OS signal AND the OB/OS level is between -70 and -90 AND MF is positive"

The main page 20DMF page say MF: -0.64% at the 11/28/11 close.

How is this all interpreted so that 20DMF is in a BUY going into today's open?

Thanks,

Shawn

This means that the MF for the day must be positive: we needed to have had accumulation during the day.
This can be seen in the MF Strength being positive


Pascal

[Pascal]

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

[Pierre Brodeur]

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:

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

[Pascal]

Rather weak MF today.


Pascal