Current market status: Healthy
Latest signal: Sell/Short (generated on the close of 10/8/10)
Previous signal: Buy/Long (generated 10/4/10)
System gain/loss between signals (basis SPY): +2.45%
The system remains on a sell/short signal from last Friday. We were very close to getting another short signal today, but the SPX just barely outperformed the RUT by a fraction of a percent. One requirement for generating a sell/short signal in a healthy market is for TNA to outperform BGU. Regardless, the last signal prevails and hopefully a pullback is forthcoming.