3/13/2013 First Cash Position
Sector Model XLI 2.14%
Large Portfolio Date Return Days
BBRY 7/16/2012 115.86% 240
SEAC 9/25/2012 43.94% 169
CAJ 9/25/2012 4.68% 169
CFI 10/31/2012 41.59% 133
RE 11/26/2012 22.89% 107
BOKF 2/4/2013 8.78% 37
SWM 2/12/2013 5.01% 29
GMCR 2/19/2013 23.02% 22
OKE 2/25/2013 -4.72% 16
TTM 3/4/2013 6.32% 9
S&P Annualized 8.44%
Sector Model Annualized 24.58%
Large Portfolio Annualized 35.65%
From: [url]http://market-mousetrap.blogspot.com/2013/03/03132013-first-cash-position.html[/url]
First cash position: selling TTM with no replacement.
The model is showing that the long bias in the market is continuing to weaken. It is STILL long, but only with net 30% strength.
Please keep in mind that this “bias” on the model is not directly related to the market as a whole – only to current investment opportunities within the industries I monitor.
As always, a negative gap would prohibit the sale.
Tim
Buys and sells are relative
If I'm trading one stock for another and they gap together, I'll still trade.
In the case of TTM, it will be against the dollar, since it's going to cash -- which is unusual for the model.
But if the sell gaps down and the buy gaps up, I don't want to chase the trade. I'll just recalculate for another day.