It looks like today's action on the NASDAQ qualifies as triggering an S11 downside reversal sell signal. This takes us to a +2 (55%) exposure count. The model seems to be guiding us out of the market.
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It looks like today's action on the NASDAQ qualifies as triggering an S11 downside reversal sell signal. This takes us to a +2 (55%) exposure count. The model seems to be guiding us out of the market.
Thank you Mike!
Martin
Hello Mike,
Is the model still 55% invested?
Thanks,
Harry
[QUOTE=Harry;24873]Hello Mike,
Is the model still 55% invested?
Thanks,
Harry[/QUOTE]
Harry the model is +4, 90% invested. The market got through a rough patch it seems. I find that both long and short positions are working right now. Perhaps that means something?
Thanks Mike - I am going to have to do a better job tracking the signals.