ORIGINAL INSTITUTIONAL STUDIES UPON REQUEST NEM example - 2/5/2008
Welcome. TigerSoft Blog Unsolicited Testimonials About Us.
TigerSoft Introductory Software... Only $99.
------------------------------------------------------------------------------------------------------------------------------------------------
Daily Commentary about SSRI - Silver Standards
2008 (c) William Schmidt, Ph.D.
3/8/2008 - On Red Sell. Wait for next Buy. See comments below.
The technical analysis concepts here are all descrbed much more in our books, Help routines
and software instructions.
What we offer: http://www.tigersoft.com/welcome3.htm
All the tools used here are available in our TigerSoft Introductory Software... Only $99.
Introductory Notes
Warning: The comments are made by the author, who has more than 25 years'
experience trading with these tools. But the tools and the author are not infallible.
(I wish!) So, anyone making trades based on this information must do so entirely
at their own risk and understand that the stock market is inherently risky and is often
very difficult to predict. Even insiders may lose money. I believe these comments
will help you understand better how to trade using TigerSoft tools. And I believe,
trading with them will make your investments safer and much more profitable.
The red Buy and Sell signals are based determined by the software automatically.
the computer screens the trading results from more than 60 different trading systems
and then posts the best for the last year. The best trading system often continues
for many months and even years because each stock has its own personality based
on the type of traders who buy and sell it most often. Very often professionals control
the stock's short-term swings based on the tools TigerSoft uses. To see how successfully
professionals rig these movements, use TigerSoft.
TigerSoft charts show the technical system which is most profitable for any stock
and how profitable that system is. To prevent others from copying our software, I
have taken off the charts shown here the basis of the Red Buys and Sells. The trading
results are provided. Unless otherwise stated, they include all the trades from long
and short positions, where we assume $10,000 is initially used and each trade costs
$40 in commissions and slippage. It is assumed that the trades are taken at the
close of.the day of a Red Buy or Sell signal. However, the trading results can also be
shown based on taking and closing out positions on the next day's opening after
a Red Buy or Sell. When this is true, I point this out explicitly.
Discussion of SSRI Signals
SSRI is on a short-term Red Sell. I would not take the Sell to sell short.
Silver is way too strong. It is safer to trade with that trend. As noted yesterday.
Is SSRI the best silver stock to buy? PAAS is stronger. You can see that in the ratio
of PAAS divided by SSRI, its Relative Strength Quotient. The problem with PAAS
is only that the TigerSoft signals don't produce as high a return.
In the SSRI chart, you see a different, simpler display than in the other charts
shown here. Automatic written conclusions are seen about OBV and relative strength
instead of the graphs of those indicators. Both displays are available with TigerSoft.
---------------- PAAS-------------------
-
----------------------------------------------------------------------------------------------------------------
Silver is on a tear. You could read out Hotline to see if we think this is advance is a climactic
finale to the advance from under $4 in 2002. Order the Hotline today. It will help you profit while you learn.
Day of the Week Trading Pattern.
When we look at the data for the last year, and TigerSoft makes this very easy, we see that Mondays
and Tuesdays are much more likely to bring weak openings and closings than Wednesday, Thursday
or Friday. Buying at the close on Tuesday is often very profitable, as Wednesdays produce a higher
opening 58.8% of the time and an even higher close 58.8% of the time. Thursdays are up 52.0%
of the time and Fridays show rallies 53.8% of the time. By contrast, for the last year, Mondays bring
rises 47.9% of the time and Tuesdays only 40% of the time.