Michael Clark's  Instablog

Clark's Gate Timing System
Friday 18  September 2009
 

"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit."
- Sir Josiah Stamp, president of the Bank of England and the second richest man in Britain in the 1920s.

INDEX VIEW
The Dow Jones Transport Index is pausing to breathe for a moment.  We'll see if any selling comes in.

Nikkei: Still struggling mightily to get through short-term upside resistance.  (See chart.)

Shanghai: Struggling to re-establish positive direction.  Should come down from here, at least showing some selling.  We'll see if that happens.

KEY: M2F ALT = short-term momentum: above 70 = overbought; below 30 = oversold; 'TRADE" = current position using M4 Sum Plus Trade System.  "TREND" = short-term trend DIRECTION: above 0 is positive; below 0 is negative.  "M4 SP+" = issues with at least 2 consecutive days of positive M4 Sum Plus will register a 1.  'M4SP -" = issues with at least 2 consecutive days of negative M4 Sum Plus will register a 1.  M4 Sum Plus is a VERY short-term momentum indicator.  "INT MOM" = M5 Average Sum Plus, which is an intermediate-term momentum indicator: 1 is positive; -1 is negative.  "LTERM MOM" = MA 40 Sum Plus, which is a long-term momentum indicator: +1 is positive; -1 is negative.

TODAY'S TRADES

We closed some positions today: 9 winning trades, 4 losing trades.  The best was a 36% gain in SAP.  We are adding a new trading system today which measures the diffierence between our M5 Indicator and the Average of our M5 Indicator, smooths it in to a derivative momentum indicator.  See the charts below.  We're buying SAP, BNI, ORCL, BBY, HPQ; we're shorting SMN and DUG.

home.mindspring.com/~mclark7/CGTS09.htm

A draft of the book Turn Out the Lights can be found at the website below.  This book is a description of the metaphysical causes of the economic cycles of expansion (Day) and contraction (Night).

www.hoalantrangallery.com/Turnoutlights.htm

MJ Clark's Gate Timing System
Hanoi, Vietnam

84 4 221 92210