The system will stay long unless the rut (Russell 2000 index) closes below 475.69.
Staying at .75x.
Looking like I may be short tomorrow if these (3:43) levels hold.
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About Me
- Forecaster
- I originally developed this stock market timing system to trade leveraged mutual funds within a retirement account. It appeared that traditional "buy and hold" strategies would not generate the returns I desired in the time frame I needed. I wanted a mechanical trading system that took the emotion out of making decisions about the future moves of the markets. This system gives a "end of day" call for the next days market direction. On some days it requires some input from the trader as the signal may be dependent on the closing price of a particular index. It can be traded using etf's or mutual funds. This blog is for entertainment purposes and to track the development of this system. It is not intended to be used as advice. Use at your own risk!
Biased for a down day on Thu 04-23.
ReplyDeleteFri 04-24 is a pivot date, may be a turn to the upside.
04-24 is also mentioned here, under turning point days:
http://allstarmarkettiming.typepad.com/my_weblog/
Regards, Jim