COTs Timer: Mixed News for Banks

Sunday 8 August 2010

Mixed News for Banks

I've just updated my latest signals table based on Friday's Commitments of Traders data. Somewhat mixed numbers for U.S. financials: My setup remains bullish for another week, but the data is ambivalent. Please note that my Nikkei setup goes to cash on the open of the week of Aug. 16, not this coming week's open as I had earlier mistakenly indicated. Sorry I don't have time for a longer post this week. Good luck this coming week, and be sure to check back in in a day or two to see my updated portfolio page.

1 comment:

Reza said...: Hello

If you please dont mind, can you please update the latest table on Friday close. I am a new follower and your blog did help me for the last few weeks.

Thanks; 14 August 2010 at 17:16

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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.