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Update for May 7, 2012
Status MFs:
The VStpro model has gone LONG again yesterday.
The 20DMF is considered to be LONG.
Following my judgement the Combo-MF is now LONG again.
The PM MF is LONG since May 17.
My current trades:
I have closed my long trades in SMN and SQQQ at the close yesterday.
I have opened a new long trade in TQQQ at the close yesterday.
I will open new long trades in UXI and UYM at the open today.
Possible changes:
The VSTpro has gone LONG again yesterday. Although this is a positive sign, the changes for a whipsaw are great because the MA of the S&P500 is still decending. A declining MA is one of the conditions for the VSTpro to trigger a SHORT. If the close today or on one of the following days (as long as the MA is going down) is below the open then we have a trigger for the VSTpro to go SHORT again.
If this does not happen and unless the 20DMF goes SHORT again, the Combo-MF will remain LONG.
Disclaimer: this information is not an investment advice on what to trade next
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