Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

CGTS DAILY FOR WEDNESDAY 23 SEPTEMBER 2009

|Includes:ACH, BP, DGZ, DVMT, EWS, FXA, CurrencyShares Japanese Yen Trust ETF (FXY), GG, GLD, GSK, HOG, IAU, NEM, PFE, SLM, TMX, UDN, UPS, UUP

Clark's Gate Timing System
Wednesday 23  September 2009
 

In the short term, the market is a voting machine.  In the long term, the market is a weighting machine.
Ben Gramah


INDEX VIEW


The market is still a buy.


More of the same.  More buyers than sellers, although the rally has weakened and is losing its momentum.  There will be no real selling until Ben Bernanke decides he has bought enough TBonds and trusts the market to regulate interest rates again.  That may never be, since Ben seems to be a believer in Alan Greenspan's 'Doctrine of Irrigating Markets'....in perpetuity.

Remember: debt is sooooo good for you; savings destroy the world


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 1M4 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.

DAILY INDEXES                
22-Sep M2F Alt Trade Short Trend M4 SP+ M4 SP- Int Mom LT Mom Issue
^AORD_D 78.697 Long 21.50 0.00 0.00 1.00 1.00 All Ordinaries Australian Index
^BKX_D 60.995 Long 0.39 0.00 0.00 -1.00 1.00 Banking Index
^BVSP_D 100 Long 252.42 1.00 0.00 1.00 1.00 BOLIVIAN INDEX
^DJI_D 81.959 Long 33.01 0.00 0.00 1.00 1.00 DOW JONES INDUSTRIAL AVERAGE
^DJT_D 20.939 Long 16.05 0.00 0.00 -1.00 1.00 Dow Jones Transport Index
^DRG_D 100 Long 0.56 1.00 0.00 -1.00 1.00 Pharmaceutical Index
^FCHI_D 67.288 Long 16.16 0.00 0.00 -1.00 1.00 CAC French Index
^FTSE_D 68.44 Long 19.91 0.00 0.00 -1.00 1.00 FTSE Daily Index
^GDAXI_D 50.885 Long 21.05 0.00 0.00 1.00 1.00 DAX German Index Daily
^GSPC_D 83.254 Long 3.78 0.00 0.00 1.00 1.00 S&P 500 Index
^HGX_D 19.153 Long 0.71 0.00 0.00 -1.00 1.00 Philadelphia Housing Sector Index Daily
^HSI_D 66.164 Long 146.43 0.00 0.00 1.00 1.00 HANG SENG INDEX HONG KONG
^HUI_D 16.387 Long -4.27 0.00 0.00 1.00 1.00 Gold Stock Index Daily
^JPN_D 52.918 Flat 0.27 0.00 0.00 -1.00 1.00 Japan Index
^KS11_D 92.41 Long 4.95 1.00 0.00 1.00 1.00 Kospi South Korean Index
^N225_D 77.14 Flat 25.26 0.00 0.00 -1.00 1.00 Nikei Japan Index
^NDX_D 100 Long 6.33 1.00 0.00 1.00 1.00 Nasdaq Index Daily
^OEX_D 88.943 Long 1.61 0.00 0.00 1.00 1.00 S&P 100 Index
^RUT_D 90.76 Long 2.72 1.00 0.00 1.00 1.00 Russell SMall Cap Index Daily
^SMSI_D 82.14 Long 5.02 0.00 0.00 -1.00 1.00 Madrid General Index Daily
^SOXX_D 95.794 Long 1.81 1.00 0.00 1.00 1.00 Phildelphia Semiconductor Index
^SSEC_D 0 Flat -58.10 0.00 -1.00 -1.00 -1.00 Shanghai Composite
^SSMI_D 88.98 Long 21.21 0.00 0.00 -1.00 1.00 Swiss Index Daily
^TWII_D 47.902 Long 31.90 0.00 0.00 1.00 1.00 TAIWAN WEIGHTED INDEX
^TYX_D 61.728 Flat 0.01 0.00 0.00 -1.00 -1.00 30 YEAR TREASURY YIELD
^UTY_D 38.257 Long 0.74 0.00 0.00 -1.00 1.00 Utility Index
^VIX_D 48.148 Short -0.43 0.00 0.00 -1.00 -1.00 CRB Volatility Index Daily
^XAU_D 19.835 Long 1.23 0.00 0.00 1.00 1.00 Philadelphia Gold and Silver Index Daily
^XCI_D 99.03 Long 2.74 1.00 0.00 1.00 1.00 Amex Computer Index Daily
^XOI_D 66.357 Long 5.33 0.00 0.00 1.00 1.00 Oil Stock Index
DBO_D 39.48 Long 0.10 0.00 0.00 1.00 1.00 OIL POWERSHARES DB
FIO_D 51.321 Long 0.33 0.00 0.00 -1.00 1.00 Industrial/Office REIT ETF
GAZ_D 66.667 Long 0.33 0.00 0.00 1.00 1.00 Natural Gas ETF
IAU_D 32.19 Long 0.196 0.00 0.00 1.00 1.00 Gold Daily
JJC_D 21.144 Flat -0.302 0.00 0.00 -1.00 1.00 Copper ETF
JJM_D 25.41 Long -0.078 0.00 0.00 -1.00 1.00 Industrial Metals ETN
UGA_D 32.075 Long -0.347 0.00 0.00 -1.00 -1.00 US Gasoline ETF
UHN_D 46.506 Flat 0.124 0.00 0.00 1.00 -1.00 Heating Oil ETF
UUP_D 57.143 Short -0.031 0.00 0.00 -1.00 -1.00 US DOLLAR INDEX BULLISH ETF
Click to enlarge



TODAY'S NEW TRADES


We have A LOT of new long trades today, and a few short trades.  See below.

We closed two trades for very small profits.  Small profits suggest the rally is losing steam -- rounding into a top.  But the market still has more buyers than sellers.

We have a couple charts with today's trades.  Look at M5 10 Trades below.  A lot of precious metals issues are giving buy signals.  Remember, the issues with (30) next to their symbols are less positive buy signals in that only their longest trend is positive; their intermediate trend is negative.  Having said that, we really like Coeur D'Alene Silver/Gold Mining (predominantly) silver.  It has gained over 60% is this recent PM run and looks like it's going higher.

Click to enlargeClick to enlargeClick to enlargeClick to enlargeClick to enlarge




9/22/09          
Wednesday          
M2F Alt Trading System        
Symbol Issue Price Position Shares  
DJT DJ Transports 3977.38 enter long 2.51  
FXY Jap Yen ETF 108.9 enter long 91.83  
NEM Newmont Min 45.22 enter long 221.14  
TMX Telmex 18.39 enter long 543.77  
UPS United Parcel 58.63 enter long 170.56  
Issue Close @ Position Open @ Date % Gain
GSK 39.6 Exit Long 39.006 9/2/09 1.52%
PFE 16.8 Exit Long 16.28 9/2/09 3.19%
           
M5 10 Trading System        
Symbol Issue Price Position Shares  
FXY Jap Yen ETF 108.9 enter long 91.83  
XAU Gold Silv Index 169.86 enter long 58.87  
ACH Alum Corp China 29.16 enter long 342.94  
BP Brit Petro 55.39 enter long 180.54  
EMC EMC 17.16 enter long 582.75  
EWS Singapore Idx 10.8 enter long 925.93  
FXA Aust Dollar 87.48 enter long 114  
GG Gold Corp 41.8 enter long 239  
GLD Spider Gold 99.67 enter long 100  
HOG Harley-Davidson 24.72 enter long 405  
IAU Gold 99.72 enter long 100  
SKSRX DWS Commod Fund 3.53 enter long 2833  
SLM Sallie Mae 8.84 enter long 1131  
UDN US Dollar Bear 28.184 enter long 355  
VIX CRB Volatil Idx 23.08 enter short -433  
DGZ Short Gold ETF 22.03 enter short -454  
UUP US Dollar Bull 22.6 enter short -442  
NEM (30) Newmont Min 45.22 enter long 221  
HUI (30) Gold Stock Idx 427.81 enter long 23  
AXP (30) American Exp 33.97 enter long 294  
BBL (30) BH Billiton 56.88 enter long 176  
CDE (30) Coeur D'Alene 20.78 enter long 481  
HMY (30) Homestake Mine 11.26 enter long 888  
SCGDX (30) DWS Gold Fnd 19 enter long 526  
UGA (30) Unlead Gas ETF 33.16 enter long 302  
UHN (30) Heat Oil ETF 25.17 enter long 397  
FMCN (30) Focus Media 9.76 enter long 1025  
           
M2 F ALT LT 2 Trading System        
Symbol Issue Price Position Shares  
ADBE Adobe Syst 33.11 enter long 302.02  
AMAT Applied Materials 13.27 enter long 753.58  
           
M4 Sum Reverse Trading System      
Symbol Issue Price Position Shares  
None          
           
M5 Differential Trading System        
Symbol Issue Price Position Shares  
HOG Harley Davidson 24.72 enter long 404.53  
AXP American Exp 33.97 enter long 294.38  
SGINX DWS GNMA Fnd 15.25 enter long 655.74  
           
M5 Average Sum Plus Trading System        
Symbol Issue Price Position Shares  
None          
           
Click to enlarge


More information on this system can be found at

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

Stocks: FXY, NEM, TMX, UPS, GSK, PFE, ACH, BP, DVMT, EWS, FXA, GG, GLD, HOG, IAU, SLM, UDN, DGZ, UUP