Our fast Super GDX Mining Share portfolio since Oct 23, 2008 matching the XAU perfectly is +37% vs +18% for the index; Profund mining bull/bear +51%, RYDEX mining long only +33%. The slower GDX model is XAU trade vs. XAU hold +32% vs. +18% ;Profund bull/bear +47%; RYDEX long only +29%.
The stock market model fast swing trade model since Oct 20, 2008 is SPX trade bull/bear vs. SPX hold +30% vs. -11%. Profunds bull/bear is +47% vs. -11%; RYDEX 2X bull/bear is +29% vs. -11%, Direxion Nasdaq 100 bull/bear ETF 2.5X is +71% vs. -11%.
The same is true for the IT model which has traded more often due to the volatilty.
The Direxion NASDAQ 100 ETF 2.5X bull/bear was +95% on Thursday not +121% as I had erroneously reported.
These are as of the close of the day Friday.
We use Elliott Wave, cycles as well as technical, and sentiment in order to determine the direction of the Stock Market and Gold Mining Share Market. Trades verified by Timer Trac and trade the close each day. Gold trades track Profunds/RYDEX/XAU mining shares and not bullion. Weekend blog is for the longer term outlook and review of the week. Please support the Welcome Home International Foundation (below) and help yourself by getting your own My Power Mall. Please pass this blog on to others.
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