Wednesday, March 20, 2013

100% Cash

JTS will remain long, while the CCI is shorting this rally. This neutral setup will move the JT Composite to a 100% cash position. I will remain cash as well. Thanks! J

11 comments:

  1. In the fwiw department, Keybot got whipsawed and is back to being long.

    Thanks, J, for the update and for this wonderful blog that you make available to all.

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  2. As we were saying, the market is unknowable. Hang on to a short position as long as possible, and when your account has lost as much as you can bear, you abandon that short position, and the market goes down. Go figure. It is what it is. Just saying.

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    1. well I am still holding SPXU position

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    2. I'm also still holding my TZA position despite J's last signal. I might bail today since I am positive slightly since I bought into TZA at two points very late from the time the initial buy signal was initially given.

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  3. We = I. Poetic liberty. This is my #1 trading rule, which keeps me from losing all my time and money by thinking I'm smart enough to day trade.

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    1. My last transaction was Feb. 1. But I do check the daily signal here for entertainment & windsock purposes. We admire J's steadfast conviction, politeness.

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    2. Nobody accorded you poetic liberty. This isnt a poetry site. Please be clear. You already confused two subsequent commenters who are holding off-signal positions.

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  4. BTW, the royal we isn't poetic license, it's pomposity.

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