Thursday, November 8, 2012

Unhealthy buy signal.

The JTS is giving an unhealthy buy signal.  The CCI system will remain long with a hold signal.  This places the JT Comp 100% long.   I will be adding to my XIV position on the close, taking my long position up to 75%.   Will save the rest in case the market continues to struggle.

Thanks!
J

11 comments:

  1. thx JT! Plenty of time to fine tune addl buy.

    Good luck to us on this one; it may be a beauty, from the amount of dread I'm feeling.

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  2. J, I like it much better -- now that we got my 1380 target (and then some). I've got a good-sized load on here, ... about 60% invested. Keep adding on weakness, too. Shorting TZA as well. Hoping for a hugeass gap down open tomorrow on some BS news... oops, sorry, that's redundant.... all news is BS! roflmao..

    I liked the close today... nice. We're set for a bounce, but, again, we will take out these lows. We have not hit capitulation yet. They'll try hammering-in a bottom around here... but it won't hold, ultimately.



    This mkt rocks!.... so much better and more profitable than that crap we had the first 2/3rds of the year.

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  3. What a wonderfully cooperative mkt... check out the futs this am. Wish it'd by like this all year 'round!

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  4. J,
    Do you have any sense of how the signal will go for today?

    Thanks,
    Alex

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