JTS is holding the long position, but the CCI is going short today (premature again?)... This sends the Composite System back to all cash. I am back to cash already as my XIV position hit my sell limit order a few mins ago. A 10% gain within a few days is my magic number...an automatic sell. Just wish I would've had more than a 1/3 position...but I'll take it. In @ 11.15, out @ 12.26. Good stuff!
See ya tomorrow.
I think I am going to hold out for one more day...
ReplyDeleteI'm with you. I made a mistake of not reading J's complete post when the system went long which caused me to miss the part about him saying he wasn't trusting it to go long. The next day it took a nose dive lol. Had I waited until the following day like most people I would have been positive on this trade. Hopefully we see a little more upside tomorrow. :)
DeleteLooks like it might have been a good decision for now...
DeleteQuestion is, do I sell today or hold over the week-end???
Yes it surely does. I'm going to continue watching it throughout the day and I think if I see any severe weakness I will sell it and I don't think I'm letting mine ride out through the weekend.
DeleteWow what a nice gap up. TNA is up over 8% today...beautiful!
DeleteI sold my TNA at 52.98 after it started coming back down. We will see later if I made a good choice or a bad choice... I couldn't sit there and watch it fall lol. Either way I am better off for staying in for an extra day so I'm a happy camper and I walked away with a nice gain.
DeleteGreat trade J. I was able to get a bit out of this counter move day.
ReplyDeletestaying long?
ReplyDeleteThe composite system sold the long position yesterday so it is currently in cash.
DeleteJ, good call, CCI is early again, guess JTS will at least close the longs today if not ready to short yet.
ReplyDeleteWow I'm getting short signals flashing all over the place! :)
ReplyDeleteu mean JTS is turning to short too, J?
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