Thursday, May 31, 2012

Both systems hold...

Both systems will remain out of phase, with the JTSystem holding the long position and the CCI remaining short.

This keeps me on the sidelines... Made some good progress on updated CCI system today.

Take care!



May Sigs...


Date
 J-T System
CCI System
 TNA
Apr 25 HoldShort57.70
Apr 26 ShortHold59.21
May 1
 Hold
Hold
May 2
 Hold
Hold
May 3
 BuyHold56.77
May 4
 Buy #2
Cover53.51
May 7
 HoldHold
May 8
 Half StopHold53.93
May 9
 HoldBuy52.90
May 10
 HoldHold
May 11
 HoldHold
May 14 HoldHold
May 15
 BuyHold50.82
May 16
 HoldHold
May 17
 HoldHold
May 18
 HoldHold
May 21
 HoldHold
May 22
 HoldHold
May 23
 HoldHold
May 24
 HoldHold
May 25
 HoldSell48.34
May 28
 ClosedClosed
May 29
 ShortShort50.45
May 30
 BuyHold47.57
May 31
 HoldHold

Posted by at

13 comments:

  1. David JohnsonMay 31, 2012 at 4:53 PM

    so the two systems cancel each other out?

    ReplyDelete
  2. johnMay 31, 2012 at 6:12 PM

    thanks

    ReplyDelete
  3. AnonymousMay 31, 2012 at 7:29 PM

    Bot back some more of the longs I sold the other day... nice dip-action later this morning, providing a great buying op. That 5/18 Dow washout day is truly key. They probed that lows again, and the mkt reversed sharply, spending only 30min below it. Unless we have some serious oh-shit, they've run out of sellers down there.
    Will finish buying back my longs if we can get a seriously large drop tomorrow, esp on the open.

    ReplyDelete
  4. David JohnsonJune 1, 2012 at 8:00 AM

    still at 50% TZA, 50% cash

    ReplyDelete
    Replies
    1. RealMoneyIssuesJune 1, 2012 at 9:25 AM

      Me too and liking the numbers this morning...

      Delete
    2. RealMoneyIssuesJune 1, 2012 at 11:33 AM

      If we get a big sell off into the close, I may sell the last of my TZA and sit in all cash until Monday.

      I am really not liking all of the bad news out there and the PPT is just hankering to get the go ahead...

      Delete
  5. AlgyrosJune 1, 2012 at 9:27 AM

    I find this fascinating.

    Everyone wants a system. They say they're tired of sweating every trading decision and, besides, over the long run, they're like over 90% of all traders, they lose money.

    So they start following a system. And, the next thing you know, they decide that this call isn't good, or that signal is premature, or something, and they're back to discretionary trading.

    As I've said before, what appears to be ridiculously simple, following a system, is devilishly hard. What is actually easy is making ad hoc decisions. I guess that's the way the human brain is wired.

    ReplyDelete
  6. AlgyrosJune 1, 2012 at 10:44 AM

    Email me at sweenrose@yahoo.com and I'll tell you.

    ReplyDelete
  7. RealMoneyIssuesJune 1, 2012 at 1:50 PM

    J,

    Any pre-signal info available?

    Thanks!!!

    ReplyDelete
  8. JamesJune 1, 2012 at 2:03 PM

    CCI is probably going to a buy today. With the other system on a buy, I'm going long. 200 day SMA should provide a great entry.

    ReplyDelete
  9. MicheleJune 1, 2012 at 2:43 PM

    Hmmm - today's got the feeling of a washout day to me. Although I think the longer trend (ie. 30 days) remains down. Just sayin'...

    ReplyDelete
  10. JamesJune 1, 2012 at 3:26 PM

    I'm long now.

    CCI is definitely a buy signal. So long as this isn't one of those rare losing trades, a long trade should pay off nicely here.

    First touch of 200 day after 5+ months above is almost guaranteed to provide a bounce. That's my thinking anyway...

    ReplyDelete

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