Monday, July 17, 2006

Monday

I went nearly flat today. Stayed with one gold miner, a handful of SDS (double inverted SPX) and bought a small amount of SMSI at the close.

SMSI was purchased for a quick bump tomorrow morning and will probably be sold before 11 A.M.

As promised here is the current marlyn's curve for the SPX.



Note that the fast curve rolled over about 6 days ago. That would include last weeks 3 down days. The slow curve rolled over three days ago. Usually the slow curve stays in a trend for 12 to 20 days or so with the norm being about 18 days. Because the fast curve switches around so much I normally don't use it except as a preview of coming attractions. But if I'm heavy long when the fast curve rolls I start unloading. Normally.

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