Thanks for sharing.  Unless there is some catastrophic event,  this shows that they will be a tremendous opportunity.  

this is a great graph.  it would be interesting if it could be broken down into trends.  for example after march 2009, it seemed like it was up almost every day.  this is very good, though.

I am still in the system and i have the utmost confidence in Matt's ability.  Not everything is perfect so i want to make that clear.  i am commenting more from a perspective of curiosity as to why everything other indicator is not saying the same thing.  There are losses in any system and overall he has proven that is works.  If it is not correct this time, you can't condem the system.  no system is 100% and this is a long term system with many entries.  

The final chapter has not been written. 

Or at least get you out. 

you are 100% right.  they are an embarrassment but the american public doesn't seem to care.  you need a full scale depression to start over.  the system doesn't work.  look at the federal reserve.  their answer is just to print money. 

matt, i agree.   it is what it is.  i was just wondering your take.  it is a tough entry but right now it looks a lot better.

Matt,  the system has been doing fantastic but it sure seems like a tough time to take a buy signal with all the bad news, including your newsletter today but i guess the answer would be that it is mechanical in nature.  

I am interested in your thoughts. 

I tend to agree and i am there right now but i have been saying that for along time.  When do you think the shoe will drop?

Steve:  You posted the renko chart for GDX today.  It is very revealing. You said you need 2 bars to confirm direction.  My questions:

Have you found it works well for other stocks?

I have been testing the mechanical systems for around 60 days off and on. Tested EOD FAZ, FAS and SRS.    Outside of the last two days, they have had some real ugly numbers.   I think my testing is correct with some small slippage.  I really think the systems are excellent over time and I really want to start going live but lately, they have not done well in a market that has gone straight up.  

Do they work better in volatility.  I was wondering if my testing is off or if others see the  same problem.  This is not meant as a criticism.  I really am hoping to implement.  I was looking for some guidance either from Steve or Matt or anyone else out in the community. 

Matt/Steve.   Keep up the good work.  You are doing a fantastic job and I want to thank you.  

Matt/Steve:

Where would you put the stop on UUP and EUO?  I was overlaying the ADX and Force Index on your charts.  They have not turned.  Do you ever use them?  What do you think of them as indicators?

Taser shot up like a laser!!!

Good answer.  so basically you like to see it break resistance and then get up close again before putting on your short?

Matt, does the breakpoint of $194 on MA mean you should short at say 193.8

i bought yesterday at breakpoint.  Now it is below.  Where would you put the stop?