Wednesday, January 25, 2012

Hold signal.

I know this is not fun... But I'm holding my shorts. I still believe a big pullback is coming. We'll see.

8 comments:

  1. But is that the system or you saying hold?

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    1. ???

      I'm not sure I follow... are you suggesting my system is giving a buy signal, but I'm not willing to accept a loss?

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  2. I don't know if you saw my previous question, but, bascially, I'm curious if the system has a stoploss when the market status is "healthy" and the system is short.

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    1. Not ready to go down that road yet. The system is averaged in at 52.55. In the world of 3x leveraged ETF's, the current 5% draw-down does not make me lose sleep at night.

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    2. Same This is a 3x etf. There will be swings, there will be pain but profit #'s speak for themselves. Hedgefunds wish they got the returns J-trade makes monthly. This market is pretty Blah right now. I mean look it sold-off all day for no major reason, well besides housing number, which washing away almost all the fed news. I'm happy the market sold off, dont get me wrong but I sleep great even $2.00 a share down or whatever it would be because I know in the end the system will prevail.

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  3. Trying to turn but a ways to go.

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  4. TNA strong today. Won't give it up.

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  5. I'm looking at another hold signal unless SPY takes a bigger dump this afternoon. It's gonna need to get down to about 130.8 or so before we have a shot at a buy signal. I'll post the exact figures in a bit.

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