the call is to switch short tomorrow.
Will trade eem at 1.75x
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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!
Tue (today) should have been a turn to the upside,..worrisome that it did not happen...likely a bad sign? I am in MM as of the close. Sentiment is constructive here,..but not much else. You likely are right looking for lower on Wed. I am neutral. Regards, Jim
ReplyDeleteHi Jim, It may close a little positive...not sure about the rut which I am trading. Personally not sure about tomorrow but will hope the Forecaster is right.
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