During the second week of May 2010, Jellybean Trader elected to closeout all positions, believing that future gains would be limited due to anomalies discovered by our proprietary SPM+Game Theory PRO matrix. Accordingly, we liquidated the entire JB STOCK FUND and generated a net return for the year to date of 562%.
The performance would have [...]
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May 28, 2010, 7:00 am EDT —The Standard & Poor’s 500 index futures up 2.40 to 1103.20, as benchmark crude for July delivery was up 79 cents at $75.34. Concurrently, Britain’s FTSE 100 was up 0.41 percent at 5,216.32, Germany’s DAX up 0.63 percent to 6,137.47 and France’s CAC-40 [...]
May 27, 2010, 4:00 pm EDT — Closing Thoughts — The Standard & Poor’s 500 index as China reassured investors it doesn’t plan to sell the European debt it holds. Dartline believes otherwise, but “played” the news like it was real. … Our take: “12:15 pm … China’s show [...]
May 27, 2010, 7:00 am EDT — The Standard & Poor’s 500 index futures up 26.80 to 1088.25, as China’s State Administration of Foreign Exchange, which manages China’s $2.5 trillion foreign reserves denied report that China was considering cutting its exposure to European assets and expressed confidence Europe will [...]
