BPGDM% is now 40%

    Posted by 8899 on 18th of May 2011 at 12:29 pm

    it looks like another stock went on a sell signal even though the gold stocks are up today...

     

    yeah it's very odd 8899,

    Posted by matt on 18th of May 2011 at 12:40 pm

    yeah it's very odd 8899, Tom and I have looked at that today and apparently Stockcharts.com has an error with their intra day scan.  

    For example yesterday on BPGDM there were 13 components on P&F buy signals and today there is only 12.  However what's very strange is that Stockcharts.com has RGLD going on a sell signal, which makes absolutely no sense whatsoever since it gapped up and is up nicely.  

    If you have time can some of you email Stockcharts.com through their contact forum and tell them that they are improperly listing RGLD as a sell today on their scan.  In stockcharts.com, you can run a scan for P&F buy signals, and for some reason it doesn't show RGLD on a P&F buy signal today, but it did yesterday, this is clearly wrong, it should still be on a P&F buy signal, and so it's screwing up the BPGDM numbers

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