Thursday, November 15, 2012

Holding.

All systems remain long. I'm still not quite interested in adding to my long position yet. It will require a spike in the VIX before I'm ready. The lack of fear seems to be what is missing, which basically means I think we are going lower in the short term. Because of the weakness in the VIX, at least our XIV position is holding up well... See ya tomorrow. J

Wednesday, November 14, 2012

Hold signals.

All systems will continue to hold their long positions. I will too, but I admit this doesn't look good... Thanks, J.

Tuesday, November 13, 2012

Holding.

Nothing new today. All systems remain long. Thank goodness for xiv and contango.

Monday, November 12, 2012

All systems holding longs.

The JT Comp will continue to hold the 100% long XIV position.  I have been considering all afternoon whether I should lock in some XIV profits.  This seems like such a nice gift considering the market is barely up, or even down in some cases (small caps).   I've decided against taking profits here, because I've learned over the years that what feels right is usually wrong, and what feels wrong is usually right.  It feels right taking profits here, so I'm going to hold off for at least another day and see what happens.  Therefore, I'll remain 50% long XIV, 25% long AAPL (non-system trade) and 25% cash.

Take care!
J

Friday, November 9, 2012

Hold signals.

All systems hold their long positions.  Judging by the weakness in the VIX there appears to be little fear in this market.  That's a little bothersome considering the damage that has been done the past few days.  I will continue to hold 50% long XIV and 25% long AAPL over the weekend.  See you all Monday. Thanks for reading.

Thursday, November 8, 2012

Unhealthy buy signal.

The JTS is giving an unhealthy buy signal.  The CCI system will remain long with a hold signal.  This places the JT Comp 100% long.   I will be adding to my XIV position on the close, taking my long position up to 75%.   Will save the rest in case the market continues to struggle.

Thanks!
J

Wednesday, November 7, 2012

And back to long...

The CCI system will go long once again - its third flip in as many days.  The JTS, now unhealthy again, will cover the short position and move to cash.  With 1 system long and the other in cash, the JT Composite moves to 50% long XIV.  I'm selling my TZA on the close and purchasing another 33% position in XIV.  I would go 50% XIV today, but I made a decent sized AAPL purchase earlier so I'm already going to be about 50% long between the 2. 

Thanks!  And for those that went short yesterday, congrats on the big win!

J