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Billy
04-18-2012, 03:21 PM
The GDX MF has hit the protection level of -0.152% and reversed its position to a short. It will reverse back to a long position if it hits +0.152% today.
If the MF CLOSES today below -0.152%, the EOD GDX robot will sell its position at tomorrow’s open. The LT/ST settings will decide between staying in cash or shorting tomorrow.
Billy

Billy
04-18-2012, 04:07 PM
The GDX MF had a vertical surge soon after hitting the protection level and closed at +0.12%!
The EOD GDX robot is holding its long position and the RT model is 0.03% away from reversing back to a long position.
We keep following the EOD model for our own accounts to avoid whipsaws with the RT signals.
Billy