What

First and foremost, this is an unproven method of choosing when to enter and exit a position. Since back-testing is used to produce the models future results may not reflect or produce expected returns.

2013-05-01

7, not 9, Of The Models Say Buy.

Using the adjusted overnight numbers only 7 of the models are reporting bullish indicators.  Yesterday afternoon, Retail and Technology were bullish, but not so this morning.

Based on these  results, the paper account will purchase the 7 ETFs sometime Thursday.

Score: 7 Bulls and 3 Bears -

----------- T H E   B U L L S ---------------
  • Finance, based on FAS.    
  • Small Caps based on TNA.
  • Real Estate, based on DRN
  • Biotechnology, represented by BIB.
  • Energy, based on ERX.
  • Mid Caps based on MIDU.
  • Russell 2000 represented by  URTY
----------- T H E   B E A R S -------------- 
  • SP 500, based on SPXL.
  • Retail, based on RETL.
  • Technology, based on TECL.

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