Replies to post #980 on Advanced Trading Methods

[polardan]

Gloe, I have been following your GIPS developement and thought of something to look at for the mini trend reversal. It has been a few years ago but I vaguely remember a site that tracks the ins and outs of mutual fund money. In order to sustain the record advances in the 30 industrials the fund buyers have to outnumber the sellers. When that reverses we may see the beginning of the bear. The only bigger picture site I follow anymore and read daily is Carl Futia's (carlfutia.com). He has been uncanny at looking at trends and putting future numbers to them. I would love to get your feedback after reading up on his site. Dan

[gloe]

"RUT currently is in a mini trend. GIPS signal is still long."

The signal flip flopped on Fed day (Wednesday). Silly me, I closed a long (for a profit) and went short right at important support. Have to watch that, and add it to the rules. ER bounced right off and flipped back long. Closed the short for a tiny loss.

I hadn't thought about using this as an end-of-day signal, to avoid intra-day flip flops. Once I have watched it and papertraded it for at least 6 months, I will have a conclusion about that.