Tuesday, July 27, 2010

TSP Trend System - Bullish Cross

As of yesterday, July 26th, we have started an uptrend as defined by the TSP trending system.  (The faster moving average has risen above the slower one.)

Technically, the system waits for a pullback to the 13MA (green) line before kicking off a buy signal, but like we saw in March 2010, that pullback may not come as these rallies have a tendency of leaving latecomers in the dust.

 <---March 2010

So, going 50% into C or S makes some sense right now, then waiting for a pullback to put the other 50 in.

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