Results for Market Forecast March 26-30, 2007 Copyright 2007, A New Story Foundation, Inc All rights reserved.
Results Summary This was our first week using the new charting system. Very good results overall. Correct in assessing the biggest event of the week was Crude movement on Wednesday. Interpretation error on direction of movement. Including error in Crude, we increased our modest trading funds by 67% this week. Copyright 2007, A New Story Foundation, Inc.
British Pounds - results Long on BP Monday and Wednesday successfully. Copyright 2007, A New Story Foundation, Inc.
Treasury Bonds - results Short on T-Bonds Mon. evening successfully. Copyright 2007, A New Story Foundation, Inc.
Crude Oil - results Short on Crude Wed. against obvious bullish fundamental and technical indicators – NOT successful. Copyright 2007, A New Story Foundation, Inc.
Stock Market - results Based on S&P negative forecast for Friday, we went Short on Dow Jones Index futures – Successful. Copyright 2007, A New Story Foundation, Inc.
Copper - results Did not trade Copper. Actuals tracked well in timing and direction, but not magnitude of change. Net change for week good. Copyright 2007, A New Story Foundation, Inc.
Lessons Learned This method substantially increases clarity and thus successful trades. Spotting peaks for selling short, and dips for buying are greatly facilitated. Ongoing problem underestimating magnitude of volatility in metals, however timing and direction continue to be fairly well placed. Needs further work. Copyright 2007, A New Story Foundation, Inc.
The Crude Story We waited anxiously for the significant event of the week – Wednesday’s big Crude move DOWN. Monday we were suspicious of the Crude chart, Tuesday the forecast and the actuals were becoming very different. In the future, if the charts are not tracking well we will 1) reassess our original qualitative assessment or 2) throw out the chart and stand aside for the remainder of the time period. Copyright 2007, A New Story Foundation, Inc.
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