Thursday, July 19, 2012

Holding shorts ...

All 3 systems will maintain their short positions. Thx.

Wednesday, July 18, 2012

JTS - Short if...

The JTS (and as a result, the JT Composite also) will take a 100% short position if SPY closes 137.29 or higher. Anything below 137.29 will keep the JTS in cash and the Composite just 50% short. Thanks!

Tuesday, July 17, 2012

CCI going short...

The CCI system will go short if SPY closes above 135.80. The JTS will remain in cash with another hold signal. This combination moves the JT Comp system to 50% short. Have a good one.

Regards,
J

Monday, July 16, 2012

Holding cash...

Both models will continue to stand aside until there is a more defined edge. Right now it seems the market could break in either direction. The Composite system remains 100% cash.

Friday, July 13, 2012

Composite back to cash...

The CCI system is detecting an elevated level of risk and is dumping its long position as a precautionary measure. The JTS will remain on the sidelines with a hold signal. With both models out of the market, the JT Composite system is headed back to cash on the close today. The profit from this trade is a bit underwhelming though better than the alternative. Have a good weekend all! See ya back here Monday.

Thursday, July 12, 2012

Half long...

The composite system will remain half long/half cash today. Both the JTS and CCI are producing hold signals. We were on pace for a strong JTS buy signal today until the persistent afternoon rally -- now there is too much risk and it will remain sidelined.

Stats have been updated. The good old JTS has taken the lead back.

See ya tomorrow!

Wednesday, July 11, 2012

Composite remains half long...

CCI has moved below zero which is unofficially a solid buy signal when the 21day MA is above zero. However, the JTS refuses to offer a buy signal again today, so the JTComposite System will remain just half long TNA. Despite this, I added to my long position on today's intraday dip as I am expecting a bounce in the coming days. Evidence is mounting. Thanks for reading...
-J