the call is 25% short Emerging Markets and 75% long spx.
I will trade at 50%.
The Domestic call has the bias.
I will update neare close.
Domestic call has switched short . I will trade at 70%
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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 am liking the shortside into LOW on Fri 06-11. Today's (Wed) high may have been as good as it gets. Just my thoughts. Good luck.
ReplyDeleteRegards, Jim P.
Not much ability for the bulls to run the market back up.
ReplyDeleteMy call has switched short so that may be good for tomorrow.