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Trading bot results for today: -1.23% (S&P 500: -1.06%) One quick observation tonight. SPY had the death cross almost a month ago, but the junk bond funds JNK and HYG did not. Well, they will in the next day or two no matter what the price does next because of the lag built into the moving...

Here's some late night humor from youtube that should bring back memories :D <iframe width="420" height="345" src="http://www.youtube.com/embed/oUZyxbO4kAI" frameborder="0" allowfullscreen></iframe>

Trading bot results for today: +1.08% (S&P 500: +2.87%) It is hard to achieve the same kind of upside volatility that the S&P had today without taking on an intolerable amount of downside volatility. At this point it should be obvious from the bot's daily correlation to the S&P that its...

Trading bot results for today: -0.32% (S&P 500: -0.74%)

Here is an updated SPY/GLD chart: As can be seen from the chart, we are now approaching the bottom of the RANGE I've been talking about for weeks now. I expect a break to the downside. My sense right now is that the financial markets are bound by politics on a collision course to what...

Trading bot results for Friday 9-2-2011: +0.94% (S&P 500: -2.53%) Here's the updated chart of trading bot performance compared to S&P 500 since this journal started:

Trading bot results for today: -1.53% (S&P 500: -1.18%)

Trading bot results for today: +0.34% (S&P 500: +0.49%) There's a huge barrage of negative articles on ZeroHedge this evening. I guess those guys are running out of patience :p

You said it yourself. Inflation is a wealth transfer mechanism. That's the problem with it. Do YOU set the interest rate targets and bank reserve ratios? No, you don't, so you're just like me playing this STUPID guessing game about what is the fed going to do, what will Greenspan/Bernanke slip...

Trading bot results for today: +0.17% (S&P 500: +0.24%) Listening to Alex Jones' broadcast for today right now. He sounds more panicky than usual, it's quite scary. Following watchdogs like Alex is a welcome part of my research. I try to listen at least once a week.

I have given money to Ron Paul's 2012 campaign. I will be giving more too, hopefully every month. I will be voting for Ron Paul, but the most important thing is to give money to his campaign so that he can be as big of a squeaky wheel as possible. If you can watch this video and still not want...

Trading bot results for today: +1.6% (S&P 500: +2.83%) My assessment a couple weeks ago was for a range-bound market. It is presently at the top of what I would consider the range. Some charts look great, like BPT (which I have accumulated a relatively large position over the past year)...

Here's my comments on Mebane Faber's "A Quantitative Approach to Tactical Asset Allocation" paper. Sometimes it helps me digest what I'm reading when I'm an "active reader". I have modeled this commentary after something I saw in a translation of "The Art of War", where the various students...

Trading bot results for Friday 8-28-2011: +1.67% (S&P 500: +1.52%) Here's the updated graph:

Trading bot results for today: -0.55% (S&P 500: -1.55%)

The trick to winning with Paulson is that you have to time him :p

Trading bot results for today: +0.83% (S&P 500: +1.32%) My discretionary trades in AGQ and FSG have taken a major beating over the last 2 days. I will note that I do not have stops on any of my discretionary positions, instead opting to carry them based on conditions, relative value, and...

Trading bot results for today: +1.04% (S&P 500: +3.43%) It might seem like under performance days like today are hard to stomach, but that isn't the case for me. What does get me is when something is broken. The bot is cruising along doing what it should like clockwork, so I'm happy. I...

Trading bot results for today: +0.15% (S&P 500: +0.03%) Rolling out a small new addition to the trading bot's system portfolio tomorrow. Been working on it for about a week, and we've settled on an implementation for phase 1 of this idea. It shouldn't have a noticeable impact on the day to...

After long deliberations and analysis all day today, I have no revisions to make for my market views, discretionary positions, and limit orders at this time. The past few weeks' decline in the S&P 500 priced in terms of gold is now truly epic. I've been posting these SPY/GLD charts every week or...