Monday, April 8, 2013

50% Short TNA

Both systems are exiting their long position today. The JTS is opening a short position but the CCI is moving to cash. This combo shifts the JT Composite to 50% short TNA. I will sell my small XIV position and head back to cash for now. Further strength tomorrow or Wed could easily flip the CCI (and thus the JT Comp) to 100% short. We'll see. Take it easy!
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3 comments:

  1. verdoApril 8, 2013 at 3:53 PM

    thanks, we are 2 points away from the right shoulder. dipping my toe in

    ReplyDelete
  2. AlgyrosApril 8, 2013 at 7:46 PM

    Thanks, J.

    ReplyDelete
  3. AnonymousApril 8, 2013 at 10:25 PM

    Closed out that XIV trade for 4%. Wish I took a larger position! Thanks J.

    ReplyDelete

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