The call is 70% short Emerging Markets and 30% short rut.
I will trade at 70%.
The domestic call has the bias.
I will update.
the Domestic call switches long.
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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!
Sentiment today (Mon) was sort of soft ($CPC approaching "over-belief)...and suggests likely sideways to lower Tues. You are likely right being short,..I am flat for Tue. Regards, Jim
ReplyDeleteYes, personally not sure what tomorrow will bring, gut feeling that we will pull back as not all indices were as hot as the rut.
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