The system is calling to be short if the rut closes above 529.09.
will stay at 1.5x and trade rut.
Ended up long for Wednesday.
Subscribe to:
Post Comments (Atom)
Trading Blogs
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!
Hi. This is an "early" call,...at 8am?...usually you only do end of day? Just wondering. Thanks. Jim
ReplyDeletehello,
ReplyDeleteim new. i noticed RUT closed below the figure for going short....im assuming this means Stay Long??...yes?
JT
Hi Jim and JT, I was planning on being out of touch with the internet yesterday, so posted early. On some days the signal is clearer and could be posted early, but I try to stick to my 3:00 PM Post. Yes we are long Today, Wednesday. Looks that will be a good call with the futures up big.
ReplyDeleteCongrats, it does look like a good call for Wed. I am short today, so I am on the wrong side of it. Will be watching next 3 wk cycle date on Fri 06-12. Have a good day. Jim
ReplyDeleteWhen trading mutual funds, The closing price is what counts....so I know better than to count my gains till the close. The market ,at open did not gap up much, so we could still close in the red, who knows?
ReplyDeleteI know,...trading EOD funds is a two edged sword,..being locked in during the trading day is not necessarily a bad thing. Usually I find that it prevents me from being my own worst enemy,...ie. selling out at a key Low,..etc. if I were allowed to trade during the day. More often than not, I am glad that I am locked into EOD prices. Thanks for the kind words. Later, Jim
ReplyDeleteForecaster,
ReplyDeleteThanks very much for your response.
Im on the sidelines at the moment. Looking to go either FAS/FAZ.
I enjoy reading your blog.
Please keep up the good work.
JT