The system will stay long if the adre closes above 35.36.
Will go to 1X with emerging markets.
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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!
At 3:15pm, I am leaning toward the short side at the close.
ReplyDeleteBias is for a LOW around Wed 06-03 Bradley date:
http://www.rosecast.com/bradley2009.htm
http://www.amanita.at/Interessantes/Artikel/detail.php?id=310
http://robertew.com/html/bradley.html
...and then a turn UP on Thurs 06-04 which is next 3 week cycle date.
I may change my mind, but am biased to go partially short at the close.
Regards, Jim P.
Hi Jim, Yes my system may end up being short if we keep sinking into the close.
ReplyDelete05-29 Fri 10 am,...Correction to yesterday note,..My bias now is for a HIGH on 06-03. Suspect we move up here on Fri,...into first few days of June, which are seasonally strong.
ReplyDeleteRegards, Jim P.