The end of the month system is a pure long system. The amazing point with it is that is showed no remarkable drawdown during the 2000-2003 bear market and is very profitable in bullish, or even sideways market phases. The explanation why it works is money flow at monthly allowance. Below you see the Equityline for the S&P500 index of the last 10 years.
As the end of the month October is just approaching, I will place a long trade in a stock index futures (either S&P500 or a European like SMI or ESTX50) near the close of Monday, 31/10/2005. An article on this will follow on in the evening of 31/10/2005.