Sector Selection changes 6/29/2011

[Timothy Clontz]

The action over the last few days has changed the sector configurations.

The long sector is now XLK (technology), and no longer XLU (utilities)
The short sector is now XLE (energy)

I know I had stated that I would test my model against the Robot without changing sectors during a call, but on further examination I think it is warranted to make the change. In my model the first position is the best performer, but the second is the worst (think of the first position as the edge of the cup and the second position as the handle on a CANSLIM configuration).

Since this is the very first trade with the Robot I plan to make the change of sectors unless there is a serious gap between them in the morning. I'll continue with the same method for the rest of the test.