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CGTS: EXPECT MORE SELLING. BUY INVERSE ETFS; SHORT YGE, PHM, ELY, UDOW. EXPECT 7 1/2% MORE LOSSES ON SPX DURING NEXT WEEK OR SO.

CGTS DAILY TRADING SIGNALS
FOR MONDAY, 22 August 2011


What is the direction of the markets for the next week?

The table below shows the readings for the last three trading days using one of our more accurate trading systems, an intermediate-term trading instrument.  Issues marked "Short" have given 'Shortsell' readings in the last three days.  Issues marked 'Flat' have terminated positions (in this case, mostly longs) in the last three days.  Issues marked "Long" have given "Buy" readings in the last three days.

In every case "Long" signals are inverse issues that make money when stocks and indexes decline.

Today's new readings for this Trading Instrument are:

  TRADING SYSTEMS    
VIX M2F ALT H&S 43.05 LONG
DUG M2F ALT H&S 36.74 LONG
EPV M2F ALT H&S 58.85 LONG
SDOW M2F ALT H&S 42.97 LONG
SKF M2F ALT H&S 85.33 LONG
ANV M2F ALT H&S 40.25 LONG
UDOW M2F ALT H&S 95.1 SHORT
ELY M2F ALT H&S 5.21 SHORT
PHM M2F ALT H&S 3.91 SHORT
YGE M2F ALT H&S 5.26 SHORT
Click to enlarge

The conclusions we draw from this data is that we should expect more selling this week -- the VIX is going up again -- which will carry us down to S&P 500 support levels of 1040.  This suggests the next leg down will subtract an additional 7 1/2% in the coming weeks.


See below for charts of these current signals.



AMSC_D American Superconductor Short 5.41 8/19/11
ARUN_D Aruba Networks Short 16.34 8/19/11
AXPW.OB_D AXION  Short 0.5 8/19/11
BEAV_D BE Aeorspace Inc Short 30.58 8/19/11
BRKR_D Bruker Corp Short 12.73 8/19/11
BYD_D Boyd Gaming Short 5.35 8/19/11
CBI_D Chicago Bridge and iron Short 30.11 8/19/11
DANG_D Dangdang E-Commerce China Short 8.05 8/19/11
ELY_D Calahan Golf Short 5.21 8/19/11
ENMD_D Entremed Short 1.26 8/19/11
FIO_D FUSION-IO Short 23.25 8/19/11
FRO_D Frontline Limited Shipping Short 6.88 8/19/11
GES_D Guess? Inc Short 30.32 8/19/11
GLEN.L_D Glencore International Short 347.95 8/19/11
HGSI_D Human Genome Sciences Short 13.78 8/19/11
IMAX_D Imax Corp Short 14.76 8/19/11
JDSU_D JDS Uniphase Short 9.88 8/19/11
KBR_D KBR INC Short 25.21 8/19/11
KWT_D Solar ETF Short 6.95 8/19/11
LNKD_D Linked In Short 79.03 8/19/11
MGM_D MGM Mirage Short 9.5 8/19/11
MWA_D Mueller Water Products Short 2.04 8/19/11
NFX_D Newfield Explorations Short 46.74 8/19/11
NTAP_D NetApp Inc Short 35.95 8/19/11
OREX_D Orexigen Pharmaceuticals Short 1.315 8/19/11
PHM_D PULTE GROUP HOUSING Short 3.91 8/19/11
RBS_D Royal Bank of Scotland Daily Short 6.81 8/19/11
ROK_D Rockwell Automation Daily Short 53.66 8/19/11
RVBD_D Riverbed Technologies Short 20.61 8/19/11
SINA_D SINA CORP Short 90.05 8/19/11
TAN_D Global Solar Energy ETF Short 4.88 8/19/11
TER_D Teradyne INC Short 10.9 8/19/11
UBS_D UBS AG Short 13.31 8/19/11
UDOW_D UP DOW ETF Short 95.1 8/19/11
XIDE_D Exide Technologies Short 4.54 8/19/11
YGE_D Yingli Green Energy China Short 5.26 8/19/11
BWLD_D Buffalo Wings Flat 56.62 8/19/11
CPHD_D Cepheid Flat 30.58 8/19/11
CSUN_D China Sunergy Daily Flat 1.22 8/19/11
CYTX_D Cytori Therapeutics Flat 3.17 8/19/11
DELL_D Dell Computer Flat 14 8/19/11
DWSN_D Dawson Geophysical Flat 31.85 8/19/11
HAL_D Haliburton Flat 38.04 8/19/11
HLCS.PK_D Helicos Biosciences Flat 0.12 8/19/11
HOV_D Hovnanian Daily Flat 1.57 8/19/11
IGT_D Intl Gaming Tech Flat 13.99 8/19/11
JOYG_D Joy Global Machinery Flat 71.29 8/19/11
KGJI_D Kinggold Jewelry Flat 1.5 8/19/11
KSU_D KANSAS CITY SOUTHERN Flat 46 8/19/11
POL_D PolyOne Corp Flat 11.68 8/19/11
RRGB_D Red Robin Gourmet Burgers Flat 29.09 8/19/11
^VIX_D CRB Volatility Index Daily Long 43.05 8/19/11
DTO_D Short (Double Short) Oil Long 66.59 8/19/11
DUG_D Short Oil and Gas ETF Daily Long 36.74 8/19/11
EPV_D Short MSCI Europe ETF Long 58.85 8/19/11
MZZ_D Short Midcap Index ETF Daily Long 55.04 8/19/11
QID_D Short NASDAQ Index ETF Long 61.78 8/19/11
REW_D Short Technology ETW Daily Long 73.44 8/19/11
Click to enlarge


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More information on the CGTS systems can be found at:
home.mindspring.com/~mclark7/CGTS09.htm
 
MICHAEL J CLARK
Clark's Gate Timing System
Hanoi, Vietnam

cgts@mindspring.com
 

 
 
 
 
 
 
  
 








CGT

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.