Tuesday, November 20, 2012
The JT Composite system will move to 50% short TNA today as the CCI fires off a short signal. The JTS will remain cash. Something to watch...the JTS could flip to healthy mode if we close green today, tomorrow, or Friday. This is an intermediate signal that basically means long plays are relatively safe while shorting carries more risk. I use it strictly as a background indicator inside the JTS. It could also serve as a stop loss on a JTS short position, but with no current short position it's moot. I will take a 25% long TZA position on the close and keep my 25% long AAPL (non-system trade) position as well. I will not get serious about shorting until after the holiday. See you tomorrow. Thanks!