John Townsend  

Email: tsiTrader@gmail.com

www.theTSItrader.blogspot.com

                                                                                          Skip the talk and:

Monday June 3, 2013                                                  Jump to First Chart

Day 4

At today’s open we entered three new short positions - SPY, GS and MSFT.  Unfortunately, all three trades ended the day in the red.

At one point this morning the cumulative gain of all active positions

was more than +6.2%.  But then things reversed directions somewhat and the active portfolio ended the day with a modest +0.36 gain to date.

These are the ETF ticker symbols I switched into the study in exchange for my ill-sighted initial use of various futures contracts:

iPath S&P Goldman Sachs Crude Oil ETN (OIL)    = Crude Oil Futures (/CL)

PowerShares US Dollar Index ETF (UUP)              = US Dollar Index Futures (/DX)

SPDRs S&P 500 Trust Series ETF (SPY)                 = E-mini S&P 500 Index (/ES)

SPDRs Gold Trust ETF (GLD)                                   = Gold Futures (/GC)

SPDRs Lehman Long Term Treasury ETF (TLO)  = 10-Year UST Notes (/ZN)

The Trade Score Card has been properly adjusted to ‘pretend’ that trades made using a futures contract (there were just two - both trades on this morning’s open) were made using today’s opening ETF price, rather than the future’s opening price of last evening’s trade.

I have chosen 10 ticker symbols from a smattering of market segments for this study:

So here are our 10 charts that we will begin with. I took a picture of each following the close of Monday’s trade.

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Keep in touch and let me know how this is working for you,

and/or how I could make it easier to use, OK?

Thanks,

John

tsiTrader@gmail.com