All systems hold steady today. JT Comp stays in cash. Thanks!
J
Thursday, May 30, 2013
Wednesday, May 29, 2013
Hold cash.
Systems remain opposed to one another. This keeps the JT Comp parked in cash. I will continue to hold my 50% TZA position until the JTS says otherwise. Thanks!
Tuesday, May 28, 2013
Hold cash.
The JTS remains short while the CCI remains long. This keeps the JT Comp in cash. I will keep my losing 50% TZA position for now. Thanks!
Friday, May 24, 2013
100% Cash
The JTS will remain short, but the CCI is flipping long today. This is a neutral setup which places the JT Composite back to a cash position. I'm going to deviate a little here. Because the JTS is the superior system and it's remaining short - and considering the CCI is often a day early - I'm going to hold half of my short position over the long weekend. I will scale back to 50% TZA and 50% cash today and I'll reassess on Tuesday. Enjoy the extended break.
J
J
Thursday, May 23, 2013
Holding
All systems remain short. Both were giving a buy signal this morning. Kinda wish I had sold my TZA this morning and rebought on the gap fill. Had a feeling it would fill. Looks like a bear flag now on the 15 min chart, so normally one would expect more weakness ahead. But this cocaine laced rally has me brainwashed into believing it will be up, up, and more up from here. Let's hope not... see ya tomorrow.
J
J
Wednesday, May 22, 2013
Hold shorts.
All systems remain short. Finally some action in our favor! I'll hold my short position. Thanks!
Tuesday, May 21, 2013
Hold signals.
Delayed by the dentist and then traffic.... No matter, though. All systems hold their short positions. Thanks!
J
J
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