Model Portfolio Update

Not a good week for the model portfolio. 3 of the 4 charts in the model have turned down while one, GDX went up a little The first chart is of DDM which is a proxy for the Dow. This could be a reversal in the making or possibly a top. Chart below.

The next chart is the Proxy for Oil and Gas DIG. It also has turned down. Chart below.

The third chart is the proxy for shorting US Treasuries TBT. It also has turned down which means the price of treasuries has gone up lowering the yield. Chart below. This chart is flirting with a sell signal. I'll watch it closely next week.

 Last but not least is the chart for the gold mining stocks GDX. It is still showing signs of strength. Maybe a break out in Gold?

Last, but not least is the chart of the model portfolio performance. As you can see the value of the model dropped from $1685.00 to $1344.00 a drop of $341.00.

Symbol/Name	Price*	Change	Last Trade	Gain/Loss (USD)	Shares	Price Paid	Purchase Date	Gain/Loss (USD)	% Change	% Port	Value (USD)
DDM:US ($) ProShares Ultra Dow30	70.70	+1.07	08/24	+107.00	100	66.00	07/07/2012	+470.00	+7.12	39.18	7,070.00
DIG:US ($) ProShares Ultra Oil & Gas	46.58	+0.55	08/24	+55.00	100	41.00	07/07/2012	+558.00	+13.61	25.81	4,658.00
GDX:US ($) Market Vectors Gold Miners ETF	47.57	+0.15	08/24	+15.00	100	44.50	07/27/2012	+307.00	+6.90	26.36	4,757.00
TBT:US ($) ProShares UltraShort 20+ Year Treasury	15.59	+0.03	08/24	+3.00	100	15.50	07/27/2012	+9.00	+0.58	8.64	1,559.00
Totals				+180.00				+1,344.00	+8.05		18,044.00