Here’s the latest update from MESA-Sabrient Trading Alerts. John Elher’s system is now showing a profit thanks to the rally. To try MESA and Alpha-Sabrient trading systems for free, click here. – Ilene
No signals were generated at end-of-day 7/8/2010 for the open on Friday, July 09, 2010
Open trade summary:
Long FRX since 6/29/2010, profit: $ 239
Long ANEN since 6/29/2010, profit: $ -6
Long TAP since 6/23/2010, profit: $ -18
Long WPZ since 6/21/2010, profit: $ 370
End of report for Thursday, July 08, 2010
- All entry and exit signals are intended to be taken at the next market open.
- Long signals are generated from the top quartile of the Sabrient Outlook Rankings and short signals are generated from the bottom quartile.
- Exit signals are also specified for both long and short trades.
- MESA-Sabrient produces end-of-day trading signals after each market day’s closing bell for execution at the next market open.
- There are typically open trades of only a few to a dozen or more at any given time, depending on market conditions.
- The ratio of long trades to short trades, historically, has been about 10:1.
- Hold times are typically less than one month.