Per last nights newsletter from Steve I gathered that a pop of 20 S&P points would be a good entry point to see the market go lower.  With the big pop now because of the FOMC minutes does that theory still hold?  In other words a good time to short now?

Yes, I got caught in that too.  I looked at the current status but not the chart and missed that it went red.

BPT MA is "popular". I missed why there is no e-mail notification when this changes - that would sure be helpful. Thank you.

I would have thought with these bad GDP numbers the market would have sold off?

From history after a big sell-off like today what might the open look like tomorrow and then the day in general tomorrow.  Normally up or down?

It's probably been covered but then I've missed it. There is a lot of excitement about the new section for BPT MA Deluxe and I could get even more excited if I knew what say over the last five or ten years we could expect for average gains.

Although this looks good and Matt has been working his tail off, I also got excited about several past systems that just didn't work out.  But this system looks like it should perform in a more consistent manner - am I thinking right Matt? 

One of the best in the business, Peter Grandich, says if we get two closes in a row in gold over $1280 (and that happened today!) we would see $1350 to $1400 in short order.  Now with that said we will probably see gold fall twenty bucks tomorrow.  One nice thing about heaven will be that prices will always go up -ha.

First time trading the SPY system.  What are the three scale-out percentages?

Market "set to gap on Mon." 

Gap up or gap down?  That would be very helpful.

As Mr. Peter Grandich said recently, "gold is getting ready to move.  My heart says to the upside, my brain says be careful."

I think it is but would like to know too. 

Matt, you are helping to make my day - thank you very much!!!

I was thinking a Romney win would create a big bump on Wednesday but then I heard Peter Grandich say that the market would go down on Wednesday and for a few days because Romney would choose a Fed chairman who would cut back on the QE's. Also gold for the short term for the same reasons would go down. I still think new blood in the White House would be fuel for optimism and a strong short term rally starting on Wednesday. What do you say? If Grandich is right wouldn't at least something like the coal stocks rally strong?

I have been buying gold and silver for many years and the most honest, most cheapest (amount over spot) is National Numismatic Assoc. Tom Cloud 1-800-247-2812. Short notice but until noon Eastern today he is selling Comex 100 oz. bars for $1.50 over spot.

I'm trying to keep these GDX systems straight.  Last Fri. GDX was down $1.05.  Shouldn't the Renko chart with a 63 cent box size have showed a red box.  And now today it was down enough to make a second red box but no red boxes have showed up.  What am I missing?

Also Matt stated on Jan. 31st that he might stop sending out emails when the 60 min chart gives a buy or sell signal yet that system is doing about 27% better results than the daily system.  Why drop that system?  Just one system would be best to follow but I think right now we are looking at which system is going to be the best - is that right? 

Is this an area to take a position in gold or silver?

One poster thought about buying GDX - anyone else thinking about it?

This GDX Renko system looks pretty good.  Will you consider putting out email alerts for it ?

I did a search but didn't find any hard and fast rules for following the GDX Renko system.  Are there a set of rules?  If not would selling at a 13.5% profit be a rule or on this one just follow the PSAR squares at the end of the day for signals.  That brings up a question by what is meant by the end of the day.  Could that mean say 15 minutes before the close we could go with the current PSAR square or wait until the market closes and then buy or sell in the after market if the direction changes.  With this system are we always in a buy or sell mode and never in cash?