The call will be 25% long Emerging Markets and 75% short rut.
I will trade at 70%.
The Domestic call has the bias.
I will update as this may change.
the EM call has switched short.
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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!
Will so much for the idea that no one would want to buy into the close.
ReplyDeleteBeing short for Monday I can hope it was shorts taking profits. Time will tell. Good call on today's move, Jim.
Thanks,..lucky really, would have been otherwise except for last 20 mins and rush for covering by shorts ahead of the weekend, etc.
ReplyDeleteI am flat SP500 for Monday,..just did not see anything compelling. Also have a small Short T-bond position (in RYJUX). Bonds are likely overbought after last week's rush for safe haven.
Have a good weekend. Regards, Jim