the call is to go long for tomorrow.
Will trade the emerging markets 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!
Forecaster, thanks for the update. Im a little confused,i was expecting a down day tomorrow and an end to the down by Monday next wk?
ReplyDeleteTT, have you any thoughts on this?
JP
Forecaster, thanks for the update. Im a little confused,i was expecting a down day tomorrow and an end to the down by Monday next wk?
ReplyDeleteTT, have you any thoughts on this?
JP
The domestic markets may close lower tomorrow. As my system has switched to EEM I am hoping they will gap up enough in the morning to hold positive till close...we shall see.
ReplyDeletethanks for the response forecaster
ReplyDeleteJP
Whether the market gaps up or down tomorrow, you will get a lower high and lower low by monday morning nwxt week. We should take out June 30th lows. Then we will see from Monday if cycle is over and setting up to rally OR extending lower a few more days.
ReplyDeletett
thanks TT
ReplyDelete