the call is 25% Short Emerging Markets and 75% short Rut.
I will trade at 80%.
The EM call has the bias.
Will update.
the call stands.
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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!
I have mixed signals,...one method suggests Thurs down,..another suggests UP inro 06-01 High. At the close, I am flat,...likely will stay that way for next two days.
ReplyDeleteIf the Euro breaks below 121.40,..then we are likely going much lower (to 115 or 116) and that would be a big negative for the SP500. A breakdown in the Euro is something I am afraid of,..another reason I am standing aside here. Have a good evening.
Regards, Jim P.
Lots of volatility...if you are holding mutual funds you could be winning big in the morning only to lose the same by close. If you are a nimble day trader some money could be made. Not my style tho.
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