Friday, March 15, 2013

Hold shorts.

No signal changes today.  I will remain 90% long TZA and hope weakness ensues early next week.  Thanks and have a good weekend.

10 comments:

  1. Replies
    1. Now you know what is SPY bearish crossover on my system :)))

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    2. I'm afraid that I don't. As long as you keep it a black box, I have no idea what is crossing over. Now, if you were to at least do like J does and post live signals and a live trading history, I might begin to know, and appreciate, your work.

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  2. No biggie, Big Ben will come to the rescue...

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  3. Yep, you are probably right. There should be little doubt that new highs are in our future, but I'm really hoping the weakness lasts at least a few days and we make our money back.

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    1. Unfortunately, the more the market goes up without a sizable down-leg, the less likely we are to make our money back...

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    2. Good point, RMI. Which is why I maintain my curiosity about how J's systems would look if they were long only when the market is deemed healthy.

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