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Thursday, February 21, 2013
100% Long XIV
CCI will join the JTS on the long side today. JT Composite moves to 100% Long XIV (strong contango). I will purchase at least a 50% position on the close, leaving some cash on the sidelines in case we go lower. Stop loss on JTS is SPY 149.43. If this level is breached, the system will flip to unhealthy mode and we'll have to be a bit more cautious on the long side. For now, this looks like a good dip buying opportunity. Thanks a good luck to us.