Wednesday, December 19, 2012

Holding 100% short.

JT Comp will remain 100% short. So far, so good for the JT Comp's latest 100% signal generated yesterday. Looks like shorting large caps rather than smallies was a good move also. TNA has been in positive territory most of the day with SPY down a fair amount. The system is hinting at more downside tomorrow. I will continue to hold my 75% SPXU position. Thanks!
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4 comments:

  1. AlgyrosDecember 19, 2012 at 4:04 PM

    Thanks, J.

    Yes, shorting large caps was a good call. Even better would have been to short XIV, or go long VXX, but that would also have been risky if the trade had gone the wrong way.

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  2. JaredDecember 19, 2012 at 6:50 PM

    I was a day late on the move, but I bought a chunk of SPXU at the close. Lets hope for some follow through.

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  3. john9o9December 20, 2012 at 1:52 PM

    Proprietary system still on "buy" here fwiw. Iwm juggernaut continues...

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  4. AlgyrosDecember 20, 2012 at 9:03 PM

    I find it ironic that on a blog run by a person of consummate generosity, eager to share his research with others and asking nothing in return, there are people who talk of their "proprietary" systems.

    And, btw, at least at this moment, I'm glad I'm with J's not so proprietary system.

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