$SLV seems to have tricked us after bouncing and closing above the 50 WMA last week.  That's good news and it appears SLV will be gaining steam this week as it rides up trend channel.  If $SLV closes above the 50 WMA this week, then I'd see we're in the clear until we're not.

I’m back from vacation feeling refreshed, relaxed, and ready to post. I was slowly burning out from work and blogging so I needed this vacation badly. We had a lot fun and I spent most of the time with my family, driving to all sorts of kid-fun places and doing some small “fix it” projects at home. I did step out a few times to have beers with the MarketDoctor and visit with, for the first time, his gold coin dealer.

Yes, yours truly bought shiny gold and silver coins for the first time in his life (I promptly buried them next to my shotgun and 2 year supply of plastic sealed toilet paper).

All joking aside, I decided to start saving in Gold and Silver. Yes, you read that correctly, I said saving. I’m not playing the Gold and Silver market by buying and selling these coins, I’m just transfering my paper money (USD) into Gold and Silver. Essentially I’m switching one asset for another shiny and hard one.

Yes, I know I won’t be earning any interest on them but I will be maintaining my purchasing power. Right now if I park my savings in a bank account, I’ll make maybe 2% interest. That would put me in a depreciation hole faster that shit sliding down a stick, if you believe that our true inflation rate is really between 10 and 12%.

If you ask me, maintaining purchasing power wins over a 2% interest bank account in a border hyper-inflationary economy any day.

This week I featured the neural net models of Boeing Company (BA) and the S&P500 Index and indicated if each model had issued a BUY or SELL signal recently.

For my BA post, my neural net model issued a SELL signal on 2/26/08 (for 2/27 open) to establish a short position. It then issued a BUY signal to close the short position on 3/5/08 (for 3/6 open). This was another successful trade using the Stock Neuromaster system and it would’ve netted you a gross profit of +4.6% in 6 trading days!

I also gave my readers an S&P500 Trend snapshot from my longer term S&P500 neural net model. The model issued a SELL signal on 2/28/08 (for 2/29 open) to establish a short position. It then issued a BUY signal to close the short position on 3/5/08 (for 3/6 open) . It’s too bad the model didn’t anticipate the sell off yesterday and then issue the close position signal last night but its prediction of the short trend term was correct! This small trade would’ve netted you a gross profit of +2.3%!

Once again the system proves to be a money maker and the beauty of it is, you can pick what stocks you want to follow! One bonus to the Stock Neuromaster system is that you can download OHLC data for any asset, in CSV format, load it into the system and build a neural net model with BUY and SELL signals! Are you interested in modeling Futures like Gold, Silver, Aussie Dollar, or Wheat? You can do that with this little program!