'BTD Index' generated an Exit Signal for Today's Close, 10/6/2009: books 38 NQ points in 3 days.

• my 'BTD Index' generated an Exit Signal for Today's Close, 10/6/2009...
• the modeled position (NDX), booked a 2.33% profit, slightly less than the 2.71% average winning trade...the trading position (NQZ09) booked a 2.26% profit (including commissions)...
• in terms of NQ points, this trade generated +38.00 NQ points/contract, 1 contract traded...
• this trade is separate from the NQ discretionary swing trade that i write a lot about...
• this model generated a new equity curve high today, with its 6th profitable trade in a row...this is the 5th profitable trade in a row since june...
• this is the 4th time in a row, the model hit its target on the 3rd or 4th trading day after entering the position...prior to this instance, the 3 previous entries went on to make new swing highs in the NDX...
• is a new swing high in the offing for the NDX/NQ?
• the concept of buying a short term dip in the NDX while in a longer term uptrend in the NDX, continues to generate profits...the key is defining the short term dip, the longer term uptrend, the price target and the length of the time based stop...

Disclosure: Long NQZ09 (via a discretionary swing trade).

***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk**