Friday, June 28, 2013

Hold shorts.

Things were looking good this morning, but apparently we are back into the "buy the dip" mode.  Both JTS and CCI will remain short.  I will hold my 90% short position (60% TZA, 30% UVXY) and 10% cash. 

Thanks! June sigs...
Date JT Composite... XIV/TNAJ-TraderCCI
May 31 100% CashShort Long
Jun 3 100% CashHoldHold
Jun 4 50% Long XIV 22.23/48.39Cover Hold
Jun 5 50% Long XIVHoldHold
Jun 6 50% Long XIVHoldHold
Jun 7 100% Cash22.48/49.05ShortHold
Jun 10 100% Short TNA 22.72/49.97HoldShort
Jun 11 100% Short TNAHoldHold
Jun 12 100% Cash20.00/46.95HoldLong
Jun 13 50% Short TNA20.94/49.41HoldSell
Jun 14 50% Short TNAHoldHold
Jun 17 100% Short TNA20.77/49.21HoldShort
Jun 18 100% Short TNAShortShort
Jun 19 100% Short TNAHoldHold
Jun 20 50% Long TNA 18.48/45.19CoverLong
Jun 21 50% Long TNAHoldHold
Jun 24 50% Long TNAHoldHold
Jun 25 50% Long TNAHoldHold
Jun 26 50% Short TNA19.11/45.68ShortSell
Jun 27 100% Short TNA19.86/47.81ShortShort
Jun 28 100% Short TNAHoldHold
Jul 1 100% Short TNAHoldHold

16 comments:

  1. Yes, a good week-end to all.

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  2. Thanks J, wow, nice close, that last 5 mins sure is fun!

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    Replies
    1. lol, not if you were trying to buy a VIX short ETF...

      UVXY spiked as I was trying to enter the order...

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  3. sizeable gap up as of now... don't expect this to fade today.

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    Replies
    1. You are always full of contrarian news...

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    2. Just callin' it as the stats forecast.

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  4. I'm sure that J, who's 90% invested in TZA, appreciates the good news.

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    Replies
    1. What good news? TZA is down again this morning...

      I expect a turn around, but we may have to deal with 2-3 days of pain first...

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  5. We'll see what J's systems (and J) say, but I suspect that there will be some kind of holiday reversal this week. Of course, I will always defer to a system with a verifiable track record over my own, decidedly unverifiable, suspicions.

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  6. Replies
    1. lol, yuppers...

      but the market is giving some of its gains back :-)

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