Wednesday, July 25, 2012

Holding longs.

The JTS is flirting with a sell signal, but it's not going to make it. So, we are looking at all 3 systems remaining long. Take care.

17 comments:

  1. Thanks! Did you add to your TNA position at all today by chance?

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  2. Thank You. We are also working on a VIX sell equity buy daily signal. We will see. Have been watching the XIV that you are using. I had heard that it trades it's own mind and doesn't follow even it's counter part. So I stay away from it.

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  3. Lana, There's been an extensive discussion of the issue you raise here: http://dontfearthebear.com/. The bottom line is that you needn't feel you must stay away from XIV.

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  4. Thanks Algyros, will check it out.

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  5. Trading XIV during periods of contango gives you a little added bonus and peace of mind that the market can continue going down while not necessarily taking down the price of XIV.

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  6. I agree, J.

    BTW, have you thought about seeing how XIV would have performed using your systems? I know, I know, all you need is more homework. Still . . .

    Alex

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    Replies
    1. Trading XIV rather than TNA during contango periods, then turning around and using VXX rather than TZA during backwardation sounds like a solid strategy. Not sure how to test that, but it sounds good. Know of a way to identify past contango/backwardation periods?

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    2. Might this work: http://vixcentral.com/?

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    3. Wow, what a great site! Thanks again.

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  7. not looking really bullish after the gap up today especially iwm, J, is the JTS still looking for a sell signal?

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  8. JTS is definitely holding this long position. I think CCI is going to try to short this... I'll brb with the official word, but I think the Comp is heading to the sidelines.

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  9. Out XIV @ 12.26. (In @ at 11.15)

    I have sort of an unwritten rule... when a stock goes up 10% from my entry within a few days...take profits! :)

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  10. Watching XIV today certainly was not as volatile as TNA or Upro. Really interested in this vehicle using your system. Monday will switch over. Thanks

    We have a Vix buy equity signal today.

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  11. Lana, What's a Vix buy equity signal?

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  12. VIX pierces up through the upper BB then drops back down. That's the VIX buy equities signal I've always heard. And I believe it happened on the 25th. Unless Lana is using a different BB setting?

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