Stocks close barely changed on light volume – RSI does quite well December 28, 2010
Posted by Marlowe Cassetti in AGQ, BAL, GDXJ, VNM.trackback
It was a yawner of a day on Wall Street, but that didn’t keep the RSI portfolio from doing quite well today. It was led by huge gains in Ultra Silver and Junior Gold Miner funds (AGQ +6.69% & GDXJ +5.38%). The portfolio was pulled down by Vietnam and Cotton (VNM -2.00% & BAL -1.58%). I’m not sure if this is very meaningful considering the low trading volume we are experiencing.
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As the year 2010 comes to a close, I will be gathering data and conducting analysis as to how well RSI performed this year. I will be presenting my findings throughout the month of January. There will be some lessons learned and maybe some new directions to pursue. After all, the RSI system has been rather static for most of the year.
There were no RSI picks for today …. Catch you later.
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