Financial stories are floating around in the small harbor of the little village I live in near the sea, somewhere lost in the fog of an Atlantic coast. Seagulls, fisherboats and the pub where we sing at night. To forget about the mess we made... Bankers, analysts, traders and others drifting around - all welcome home
Tuesday, 30 December 2008
Working hard for our money
We translate the rules to our chart of GLD (the StreetTracks Gold Trust Shares ETF).
As can be observed: there are three clear situations where a signal of the CCI is followed by a switch of the SAR which produces three times a nice trade.
However: if you short with the last trade than it is the SAR which produces the buy-stop because the CCI is not falling back to those levels to produce a buy signal.
No questions?
Thank you.
Than I hand out wishes for a mighty 2009.
Have fun tomorrow. And take care
Best wishes for 2009 - we enjoy your writings and look forward for more...
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