On a Sell

Simple speak.
I recieved a Sell at 1218 Wednesday close, next day open was gap down using the worst price that day ( not the best price ) we are in at 1206.Using the worst price so you can see there is still much gravy. Friday close another sell so we don't know what Monday will bring for a price. If rally Cover at 1206 go flat. zero loss.However it is based on the close so OMG you may have to gamble.

Target 1118.50 where strong support appears.

Go to the Blog, for charts, of parabolic model, spread sheet, and the trend model and the BUY-SELL record.

http://trendsby3.blogspot.com/ CHARTS BELOW.

Buy Sell record of Trend Model

On 8-9-10 Aggressive sell was issued at 1122 Spx

On 8-12-10 Cit confirmed sell at 1082

On 8-30-10 a cover all was issued at 1171

So 1122-1171 = 51 points

1082-1171= 11 points

Total 62 point + capture.

Depending on what 2 ETF’s you bought a $1500+ win.

On 9-2-10 buy at 1080.39 the open. Hard to do so make it 1085

9-7-10 Cit buy 1105 easy to get many chances.

I didn’t log it clear at the Blog I will admit.

Thus 1206 – 1085 = 121 points

1206-- 1105= 101 points

Total 222 points capture

Of late Upgrade model to catch faster markets.

Speculative, aggressive and Cit models.

On 11-11-10 cover and sell 1206 speculative

Now 11-12 aggressive sell at close or cover stand aside at 1206

resistance one. is at 1208.45 so ball park

Facts: The trend model can NOT pick tops or bottoms.

Does not work in fast markets. Like the period of 5-25-10 to 7-1-10 low.

From the 1010 low I never started to get a buy till the 1060-1070 level.Stilll (1122-1070 = 52 spx points

That was unacceptable. Thus the upgrade to a faster and more risky model.

I have been working with this for 2 years and feel it is close to a winner.

I have been manipulating a true time and price model the Parabolic (SAR =stop and reverse) by Welles Wilder to help me out.

Enjoy my signals while they are free. LOL.

At this point it is only used with your own work.

Jerry O