COTs Timer: Filled! Long Gold, Sold NASDAQ 100

Monday 2 June 2008

Filled! Long Gold, Sold NASDAQ 100

I've just updated my Portfolio page with trades as of this morning's open based on my setups built around the weekly Commitments of Traders reports. I went long gold bullion and sold my NASDAQ 100 position. See Friday's post for details about those signals. Good luck this week!

TAGS: gold, bullion, NASDAQ 100, NDX, Commitments of Traders, COT, Commodity Futures Trading Commission, CFTC

2 comments:

Anonymous said...: Your call for switching to GOLD this Monday is an excellent call. Your timing using COT data is being improved to be a very valuable one!!
Thanks and keep doing good work!; 6 June 2008 at 17:42
Anonymous said...: Your call for switching to GOLD this Monday is an excellent call. Your timing using COT data is being improved to be a very valuable one!!
Thanks and keep doing good work!; 6 June 2008 at 17:43

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About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.