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Equity curve for Trading System no2.

382% Model portfolio performance for 2005!


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Trade Update - NYNY
at 2006-03-22 12:07:08

So far I have been able to sell 7,500 shares at an average of $4.89. I will try and get rid of the other 6,000 shares this morning.

UPDATE: I was able to get rid of the rest mostly at $4.90, before the little pullback to $4.75 (it's currently at $4.82).



Trade Update II - ONT
at 2006-03-22 12:07:08

Sold all 10,000 shares at .77. As I mentioned last night, if the stock broke below .77, or .77 looked weak, I would sell. The latter occurred, so I sold. Additionally, the 200 DMA is now .79, and seems to be resistance.



Lunch Time Update
at 2006-03-22 12:07:08

AXYX - $1.20, down .01, on low volume. Range has been $1.18 to $1.24. Well, despite the great looking chart we saw from last night, the stock is consolidating today. I think in the short term we can afford a day like this. Hopefully, tomorrow the stock resumes it's upward trend. If not, this one may be dead money for the near term. We'll see how this plays out for the rest of the day. There is still a shot we'll get a rally by the close, but we'll need to see some more volume though. Support and resistance are still at $1.18, and $1.25, respectively.

MZ - $1.54, up .02, on low volume. Range has been $1.52 to $1.56. The stock moved beyond yesterday's late day resistance at $1.52, and into the $1.55-.59 area, as expected



Trade Alert - AOB
at 2006-03-22 12:07:08

Bought 5,000 shares at $4.76 for the portfolio. This is the new stock that will be added to the list. I think if it breaks $4.80 it could run. I will post the chart shortly.

Here is the chart:

It looks like the stock has been building up for a little run here. The MACD looks real good right now, and I think the stock could go as high as $5.14 in the short term (50 DMA).

UPDATE: Bought 5,000 more shares at $4.74.



New Project: Research
at 2006-03-22 12:07:06

Last week, I mentioned I had a new Project in the works. Today, I am revealing a bit more. I've received numerous requests to make our institututional product more widely available to the public. What I am ready to do now is put out a more user friendly version, with...

 

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