A Big Wednesday for the Trade 4 Cash Systems

September 19, 2008

A week ago I talked about the US Dollar Index, and how it had reached a key technical level. Well, it blew right past that level, but it has found some resistance at its long-term trend line. This will be another big hurdle for the index, and the direction of the dollar from here will have some ramifications on oil prices, gold prices, and most likely the U S stock market.

The Trade 4 Cash system had a huge day on Wednesday, gaining 6.71%. Tier 1 Steady MV also had a big day on its first day back, gaining 2.09%. Wave Rider started off sluggish, losing 0.50%. All-in-all, though, it was a very good day for the systems.

Tier 1 Steady MV and Wave Rider have no new trades today, but Trade 4 Cash has 12 signals by itself. It sold NSYS and MOS during the day yesterday, as those two stocks hit their profit targets. This morning the system has 4 more sell signals, and has 6 new buys to fill the empty slots. Futures are looking positive so far this morning, as Wal-Mart posted better than expected earnings. Have a good day!

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