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Strategies & Market Trends : Befriend the Trend Trading
SPY 677.48+0.3%Nov 5 4:00 PM EST

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To: Dr. Stoxx who wrote (10125)9/8/2000 7:25:08 PM
From: Dr. Stoxx  Read Replies (7) of 39683
 
BTTT END OF WEEK RESULTS!!

It was another stellar week for both BTTT-Classic and BTTT-MAX trading signals! Looks like both systems have swung into high gear, and we can look forward to adding to the gains we enjoyed back in the Spring after a Summer hiatus.

Although we make absolutely no claim to any sort of prescient ability to forecast market direction (there are several excellent threads on SI where that is done with much greater accuracy than you'll find here), we did issue a warning yesterday that the buying spree was not to be trusted, and that within a day or two the selling would resume. It did today, and the BTTT-MAX signals were there to capitalize on it!

Sorry I was not able to post my trades in realtime today...lots going on here at work. But believe me, I kept one eye on the charts and markets, and here are the end of the week results. Looks like we all have some weekend celebrating to do (!!!) (all trades reflect $20 RT commission):

BTTT-CLASSIC TRADES:

MU short: +17.875 in 7 trading days x 50 shares = $874
KLIC short: +1.4375 in 2 trading days x 150 shares = $195 (still going strong, now +2.125)
MTSN short: +1.75 (a papertrade for me, no position)
CMVT short: +4.8125 x 30 shares = $124 (still open...and it's not too late to join this party, especially if it breaks below the 40MA: 207.61.23.99

BTTT-MAX TRADES:

SNDK short: +7.98 x 100 shares = $778
SNDK long: -1.375 x 100 shares = -$158
SNDK short: +2.875 x 100 shares = $268 (open position)
ISLD long: +0.5 x 300 shares = $130
ISLD short: +3.25 x 300 shares = $955
CCU long: +1.188 x 50 shares = $39
LU long: +0.25 x 100 shares = $5
BVSN short: +1.5625 x 200 shares = $292
BMCS short: +1.9375 x 200 shares = $367
BMCS short (skipped the long in between): 0.75 x 200 shares = $130 (open position)
AMCC short: +9.3125 x 30 shares = $259 (open position)
ONXX long: +1.8125 x 200 shares = $342 (open position)

In the immortal words of Austin Powers, "YEAH, BABY, YEAH!!"

Potential profit, including open positions: $4,600

Not bad for less than a week's work!

TC
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