ascr, correct.  So if you see it is updated then there might be a trade that day.  Pretty simple to monitor I think.

I prefer to stay with an email if there is a possible trade. If for some reason an email goes out stating there will be "no trade" and then that changes for some odd reason then all the complaints will bombard this board. If someone wants additional info on possible non-trade days, then they should just check this SPY blog near the end of the day and/or "cut & paste" the 1min SPY chart with the yellow zone to their smart phone. With the 1min SPY chart you can check it very, very easily throughout the day.

Don't get me wrong, I thing the general discussions are great about the trading vehicles and the different entry percentages.  

I just think the constant questions about if there is a signal all day and wanting daily updates when there is no change are troubling. 

I agree. We are going to make Matt sorry he ever gave us a chance to be part of this system.  

I really cannot understand all this worrying about this current long trade.  Even when we get the signal we have till the next morning to execute.  I am really scared to see all the chatter when we are in a short trade that exits the end of the same day as the signal.

If you are so concerned about what is happening all day every day with this system, you are trading too much of your total funds in it or you should not be trading it at all. 

As said many times before, just relax and wait for the SMS texts and/or check the web page the last 15 minutes or so of the day. 

It looks like your daily chart is going to give a topping signal if the markets stay up like they are now.

I think the key word is "close" above 135.50 and THEN sell at the next day's open. And I would think this closing price target could change daily.

Matt, This 1min chart is awesome.  "Cut & Paste" it to your mobile phone browser and easy to take a quick look throughout the day to see if a trade is possible or not.  Great stuff!

Totally agree with you Jim!

As a back up to your SMS text, I have my gmail account forward me your email as a SMS text.  You use "filter" words to only forward that specific text from BPT.  Keeps you from getting woke up in the middle of the night when the newsletter comes out late sometime. I used it with the $BPGDM GDX System and it has never failed.

But I have been getting your SMS texts very timely on AT&T on the SPY System. 

I used Yahoo and BigCharts historical data. On Yahoo, it shows the actual close and adjusted close for dividend and splits. I compared Big Charts data to Yahoo and it looks like Big Charts using actual close.

I did a little spreadsheet looking at the BUY/LONG onlysignals for a 5 year period.  The trades included were from 4/11/2006 (closed out on 4/25/2006) to the last trade of 4/11/2011 (closed out on 4/21/2111).

Using the SPY ETF:

1.  Go Long @ Close and Sell @ Open - 146.83 points

2.  Go Long @ Close and Sell @ Close on same day as above #1 - 139.29 points

3.  Go Long @ Close and Sell @ Close on the day beforeabove #1 - 130.29 points

FYI, If you had "bought & held" The SPY on 4/11/2006 and sold it on 4/21/2011 you would of gained a big 16.61 points (117.17 vs. 133.78).  Note the prices have been adjusted for dividends & splits.  The printed closing price was actually 128.64 versus the adjusted 117.17 for April 11, 2006.

Too funny, I just came back from the printer with all the printed trades list so I could start working on it and read this, lol

It would be interesting to see what the results for the single- entry and maybe the multi-entry systems would be if you only traded the LONG signals and got out either at the end of the day of the exit signal (not the next morning) or the end of the day the following day since you cannot can only get out of mutual funds at the end of the day.

Just threw that out for discussion. So what is being proposed is to use SSO for long and short trades and NOT using SDS at all (I.e.for short signals), correct?

Maybe the safest way if you are going to use SSO and SDS is to only short them with the SPY signals.

Skiesblue, where are you seeing the 5ma intra-dayvalue?  I only see the $BPGDM and 8ma intra-dayvalues on the GDX Swing System page.

Any thought of putting the SPX WEEKLY M3 Switch signal on the LONG TERM TOOLS page?

Checking the intra-day update on the GDX Swing System page, shows a BUY using the 8 Day MA.  It does not have the 5 Day MA from the new rule just added.

Are we going LONG at close today?

I would appreciate it if at least the "Intra-Day" update of the moving average and $BPGDM on the GDX Swing System page stayed up and current.  Of course, I would like the email notifications as well if that can/will still be done.