4:10pm: With the cover signal, the system moves to the sidelines. Performance this month has been stellar - up nearly 12%. The yearly % gain has just exceeded 43% with this latest short trade.
3:41pm: Had some technical issues yesterday and was lucky to get the signal out. Everything is running smoothly today and we have a buy signal if SPY finishes at or above 131.83. Anything below and we have a cover signal. So, either way the short position will be closed. All that is uncertain right now is if a 50% long position will be opened. Watch SPY.