
The NASDAQ model is shorts as of the close on August 28th. This model will cover the short at the close tomorrow September 1st if the VXN stays below 27.65 or if the VXN closes below 27.17 or if the VXN closes below the VXN open.
The VIX Model is long as of the close on August 21st. This model will sell the VIX long and get short at the close tomorrow September 1st if the VIX stays below 27.01 or if the VIX closes below 26.01 or if the VIX closes below the VIX open.
Ripe Trades

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,ADBE,ADP,ADSK,AKAM,ALTR,AMAT,AMGN,AMZN,ATVI,BIDU,BIIB,CA,CELG,CEPH,
CERN,CHKP,CTSH,CTXS,DISH,DTV,ERTS,EXPD,EXPE,FAST,FLEX,FWLT,HANS,HSIC,ILMN,
ISRG,JOYG,KLAC,LIFE,LINTA,LLTC,LRCX,MCHP,MICC,MXIM,NIHD,NWSA,ORCL,ORLY,
PAYX,PPDI,RIMM,RYAAY,SBUX,SIAL,SPLS,STLD,SYMC,URBN,VRSN,WYNN,YHOO) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.
































