the call is 60% long eem and 40% short ndx.
I will trade at 2x.
The bias is short ndx.
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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!
Hello Forecaster, My bias is short as well,...esp if the 1085 level fails. Increased volume on sell side past few days,...likely not a good sign. Have a good weekend. Best Regards, Jim P.
ReplyDeletePS Meant to say thanks for the Scientific American article link,.. that was a timely article,..I enjoyed it. Also, please accept my appology for mentioning politics in earlier comment to your post,..was not my intent. I too avoid the political blogs, etc.
ReplyDeleteRegards, Jim P.
Good Morning, Hoping for a much better week. The month of January has been tough for the system. Not a big deal to me, the politics. Political decisions do affect the markets, so it is prudent to keep an eye on such.
ReplyDelete