It looks like we got our first signal to close a position. The Stock NeuroMaster program has issued a BUY to close out the short position we have taken (on paper) in Shanda Interactive Entertainment Ltd (SNDA). Currently we are sitting on a 5.96% gain for SNDA and I’m interested to know at what price we close out this morning.

iShares MSCI Brazil Index (EWZ): BUY signal on 1/22/08, entered 1/23/08 @ $66.11, recommendation to HOLD (current close @ $77.95, Gain +17.9%)

PowerShares QQQ Trust (QQQQ): BUY signal on 1/28/08, entered 1/29/08 @ $44.58, recommendation to HOLD (current close @ $45.49, Gain +2.0%)

Shanda Interactive Entertainment Ltd (SNDA): SELL signal on 1/28/08, entered 1/29/08 @ $30.01, recommendation to BUY at next open (current close @ $28.28, Gain +5.96%)

Exxon Mobil (XOM): BUY signal on 1/29/08, entered 1/30/08 @ $84.54, recommendation to HOLD (current close @ $85.95, Gain +1.67%)

The remaining positions all show positive gains and I’m always excited to update the models every morning (or evening) after the market’s close.  This system works great for swing or position trading and I highly suggest you give the 14 day free trial a test ride.