Alert: Short

8pm ET Tues:  Oops regarding my guess this afternoon.  My system gave a short signal at the close.  I was 99% wrong earlier.  I will be closing my 100% long position and opening a 50% position in TZA, both on the open tomorrow! Sorry for the late notice.  If it gaps up, it works out in our favor though.  For stats, I'll just use the closing price from today.  See ya back here tomorrow.

(Made a new post to get the word out for those who get email notifications)

May Stats and Signals

Stats for May are finalized since the system closed the long position. The short position opened will be counted in June stats.  May finished up 12.99%!  I like to see 5% a month, so to get double digits is a beautiful thing. The system is now up over 28% this year... (better than 5% a month)
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8pm ET:  Oops regarding my guess this afternoon.  My system gave a short signal at the close.  I was 99% wrong earlier.  I will be closing my 100% long position and opening a 50% position in TZA, both on the open tomorrow! Sorry for the late notice.  If it gaps up, it works out in our favor though.  For stats, I'll just use the closing price from today.  See ya back here tomorrow.  

12:35pm: We're taking the kids to an amusement/water park for the rest of the day... too nice to be inside . I'm 99% certain the signal will be a hold.  Enjoy!
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May signals for archiving purposes...

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

Date	Signal	TNA
Apr 26	Short	90.80
May 2	Hold
May 3	Cover	88.09
May 4	Buy	84.58
May 5	Hold
May 6	Buy	84.68
May 9	Hold
May 10	Sell	91.64
May 11	Buy	86.86
May 12	Hold
May 13	Buy	85.37
May 16	Buy
May 17	Hold
May 18	Hold
May 19	Hold
May 20	Hold
May 23	Hold
May 24	Hold
May 25	Hold
May 26	Hold
May 27	Hold
May 30	Closed
May 31	Short	88.90

Hold

3:55pm: Hold confirmed. 

2:45pm:  We've lost the sell/short signals and we're looking at another hold.  Will update later...

10:52am: The system is flipping back and forth between "sell" and "short".  This afternoon should be relatively quiet as the long weekend approaches...which means one of these signals should actually last into the close.  As usual, I will update later with the final signal.

These past few days could not have gone any better. What looked like a BIG loss for the system (and me) has turned into a tiny loss, or perhaps even a small profit depending on how we close today.   We may even get a hold signal indicating more upside next week.

Hold

Another hold signal is on tap for today... it is confirmed.  We are close to a sell signal, so if one wanted to reduce risk, today would be a good day to do it!  System remains all in long.

Hold confirmed.

4:15pm: Hold confirmed. 

3:45pm: Today will be another hold signal unless something crazy happens.

2:24pm: Assuming today's SPY high of 132.61 is not exceeded, an SPY close over 132.40 will likely generate a short signal. There are lots of moving parts though, so check back prior to the close for the official signal.  I'm hoping for a hold signal so we can attempt to make some more of our money back before switching signs.  We'll see.

Hold

I'm expecting a multi-day rally to commence any day, perhaps tomorrow... Today's signal is another hold.

Hold

Hold confirmed. Looks like it's gonna be one of those trades. No sell signal today though.