Wednesday, August 29, 2012

JTS sells...

The JTSystem is selling it's long position and going to cash. (No short) The CCI system remains long. This scales back the JT Composite system back to 50% long/50% cash. Looks like it's time to reduce risk a bit.... Take care.

1 comment:

  1. Put on some more RUT short today, and will continue adding more on strength. Jackson Hole is almost here, so I would expect them to start probing stops (up and down, just outside the days extremes) and that should start to open up the range and give us some nice entries. Already they got the futs down about -50 pts... should bode well for better action. Can't wait for September -- typically a very profitable month for trading.