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Gangal VXO Reversal Signals     As of :  9/3/2010
  Date   GVR I SignalGVR II SignalGVR III SignalGVR VI SignalGVR XI Signal
  9/3
  9/2 No SignalNo SignalSellNo SignalSell
  9/1 No SignalNo SignalSellNo SignalNo Signal
  8/31 No SignalNo SignalNo SignalNo SignalNo Signal
  8/30 No SignalNo SignalNo SignalNo SignalNo Signal
  8/27 BuyNo SignalNo SignalBuyNo Signal
  8/26 No SignalNo SignalNo SignalBuyNo Signal
  8/25 BuyNo SignalNo SignalBuyNo Signal
  8/24 No SignalNo SignalNo SignalBuyNo Signal
  8/23 No SignalNo SignalNo SignalNo SignalNo Signal




Explanation

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GVR gives relatively short-term signals. GVR signal(s) is(are) usually effective over next two to three days only. As a short-term trader, it is recommended to look for multiple confirming signals and trade accordingly. The recommended investment vehicles are ETFs like SPY, DIA and Funds like ProFunds - UDPIX, ULPIX, URPIX, RydexFunds - RYTNX, RYTPX, RYNVX, RYURX. Since trading can cause tax consequence, it is recommended to trade in a tax-free and/or tax deferred account (in consultation with your tax/investment advisor).

The above data is based on the my interpretation of VXO reversal presented by Mr Connors and the code that creates the above output is still Beta version.

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Copyright (c) 2006 Salil V Gangal, All rights reserved.