Tuesday, October 23, 2012

Sell Signals

We got a couple of sell signals today. I will post the charts and my winnings on those particular bets. The first one is DDM, the proxy for the Dow Industrials. As you can see we got a clear cut sell signal today.


Next is DIG, the proxy for the oil and gas industry. Pretty clear sell signal here as well.


The last wager in the Model Portfolio is the Gold Miners represented by GDX. No sell signal yet but it's looking like it might in another day or so.


Here is the chart of the Model Portfolio. I closed out DDM and Dig right at the close. I picked up 6.33% on DDM since July 7th and 12.84% on DIG since July 7th. The leaves only GDX still in the Model Portfolio.

Symbol/Name Price* Change Last
Trade
Gain/Loss
(USD)
Shares Price
Paid
Purchase
Date
Gain/Loss
(USD)
% Change % Port Value
(USD)
DDM:US ($)
ProShares Ultra Dow30
70.18 -2.58 18:40
-258.00
100 66.00 07/07/2012
+418.00
+6.33 41.92
7,018.00
DIG:US ($)
ProShares Ultra Oil & Gas
46.263 -2.217 18:40
-221.70
100 41.00 07/07/2012
+526.30
+12.84 27.64
4,626.30
GDX:US ($)
Market Vectors Gold Miners ETF
50.96 -1.47 18:40
-147.00
100 44.50 07/27/2012
+646.00
+14.52 30.44
5,096.00
Totals
-626.70
 
+1,590.30
+10.50  
16,740.30

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