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Thread: Sector selections for week starting 5/29/2011

  1. #1
    Join Date
    Dec 1969
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    Long Island, New York
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    Sector selections for week starting 5/29/2011

    If the Robot is long, long XLU (utilities).
    If the Robot is short, short XLK (technology).
    Last edited by Timothy Clontz; 05-30-2011 at 12:44 PM.

  2. #2
    Join Date
    Dec 1969
    Location
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    515

    Long XLU; Short XLP (replacing XLK)

    The difference between XLK and XLP is negligible.

    If you have a short position in XLK, probably not worth it switching again.

    But for a new position:

    If the robot is long, long XLU.
    If the robot is short, short XLP.

  3. #3
    Join Date
    Dec 1969
    Location
    Long Island, New York
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    515

    Primary trend seems to be changing

    Because the primary trend seems to be changing, a more aggressive short would be XLE.

    Long XLU or
    Short XLE (depending on the Robot).

    ***Note: I had mistakenly posted XLF instead of XLE. The difference between them at the moment is negligible and could reverse, but the actual last position was in XLE. Basically that means that the price momentum has advanced beyond the money flow momentum to such a degree that on a significant downturn energy (which has been very strong for the past few months) would mean revert.
    Last edited by Timothy Clontz; 06-02-2011 at 10:56 AM. Reason: typo

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