Model update for today's market (8/4)

smallwonder · Newbie Joined: 24 Jul 2005 Posts: 15

Today's buy model number is 2.7 (was 0.74 yesterday), and sell model number is 5.6 (was 3.0 yesterday). NO SELL SIGNAL FOR TODAY (A qualified sell signal requires two consecutive negtive number from the sell model output, and one of them less than -1.2).

Look like we will get some correction here. However, this will likely turn into a buying opportunity from the way the model response to the selling. It may take a few days to a couple of weeks. But it wouldn't last too long or cut it too deep.

I will be taking a vacation for a month starting Monday. So I will not be able to update the model output for a while. Hope you all have made money, and good trading always!

HenryTo · Posted: Thu Aug 04, 2005 10:17 pm Post subject: have a great vacation

smallwonder,

Thanks for posting us your results so far. Have a great vacation! May I ask where you will be going? Very Happy

Looking forward to seeing you back. Guess the "real action" will start once the summer is over.

Best,

Henry