Quote Originally Posted by Billy View Post
Trev, is SHY really an alternative to cash with an ATR of 0.09%?
In comparison to IWM, (ATR = 3.04%) and GDX (ATR = 3.40%), your allocation into SHY to compensate the volatility of the other 2 instruments should be close to 100% of your portfolio.
SHY gained 0.08% last week, IWM lost 10.55% and GDX lost 2.58%.
Frankly, if a SHY robot ever told you to be long, what would have been the difference with being in cash?
Finally, there is no money flow that could be computed for a bond ETF like for a stock ETF. We would have to rely on the treasury futures flow or the ETF's flow itself for direction and we know that it would not be practical nor reliable.
Billy
Ok, all points taken and understood.

Thanks for the education yet again. :O)

Trev