Rules for Friday/Monday Gold Trade

1. gold must be in a weekly uptrend (it is)

2. buy gold or gld on thursday's close

3. stop is a move below the range of last 10 trading days...

4. if gold is lower on friday's close, sell

5. if profitable, sell 1/3 at close on friday, sell 1/3 on moday's open, sell last 1/3 on trailing stop or on monday's close

there is a chart of the profit distribution by month...it appears we're in "prime time"

$ BPGDMpicked up two more stocks @ 11:00 and is now @ 76.66...%

getting close to the 80%

i believe it was art merrill who did an extensive research on this and said that if you buy the dow jones industrials the eve of the last trading day before a major holiday and then sell on the close of that day (basically a one day trade) you will make money most of the time...but i think that we should make sure we're in a bull phase, i.e., the long term indicators are up and now down before doing this trade, i got burned doing it a couple of years ago...

$BPGDM just went to 70%, so that is a crossover of the 5 day moving average and gives a buy signal at the end of the day i think...

according to merrill, who did an extensive study of market activity pre-holidays, you're supposed to buy at the close of trading on thursday and sell at the close of trading on friday (the day before the major holiday)...major holidays are new years, memorial day, 4th july, labor day, thanksgiving, & Christmas...

matt, the BP is @ 66.67% and the 8 day moving average is at 67.08%...does that mean if there is no further change today that we get a signal?

ben doesn't talk until after the markets close on friday...

i think someone will have access to this info and will be placing orders in the market ahead of time...

is there anyway of checking unusual activity in certain sectors???

1st chart is weekly gold chart as it corrected in this time frame in 1978...

2nd chart is weekly gold chart as it continued on up in sep of 1978...

3rd chart is seasonal of gold since 1987 during this timeframe...

4th chart is seasonal of gold since 1978 during sep oct timeframe...

so if history repeats, we should go up after labor day...

now @ 66.67% & 8 day moving average @ 65%...so one more & system would go on a sell signal by rule #2 provided gdx is not < 3% above 200 dma...rule #3

they will come, it's just a question of when and of how much???...the bigger the better

if the new spy system sold at a 6.5% loss and then bought a new position on aug 8 as you previously stated, then what would the new spy system do with that new buy position that it bought on aug 8?

thanks in advance

any time at or over 60% results in a green arrow, any time at or over 60% down results in a red arrow

weekly historical view of sp500 @ end of august should be bullish

could it be that the vix is forming a double top here for now?

seasonal cotton charts, one for the dec contract & one for the march contract, looks to me that cotton historically chops now and sometime around thanksgiving look for a buy trigger if you want to trade bal

this link is the same as view all (recent)

the $BPGDM has added 3 stocks so it's at 60% now and the gdx is not moving much.

could you please comment on this matt?

thank you

bigcharts shows it up 70 cents in after market @ 7:53pm

just gained a couple of stocks & is now at 50%

$2 trillion = $2x10^12

3 million = 3x10^8

so we end up with $2x10^4 divided by 3 after canceling powers of 10 or

$6,666.66666.../person