The system is staying short for tomorrow.
Will go to 1.75x.
Wish I had followed your lead, Jim, at this point.
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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!
Tomorrow, Fri 05-15 is my 3 week cycle date. Would expect it to be a turn down from a High. Question is, where is the high point,...Thur's close?,...or intraday Fri?, or Fri's close? My bias would be to be short incrementally here, fully short by the close on Fri. Just my thought. Regards, Jim
ReplyDeletePS Stan is doing great.
Yes, looks like he is on a run.
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