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.

2013-07-31

End Of Day Sell-Off Removes 3 Bearish Calls From The Models

Using closing numbers three models remain on the bullish side (as of 3:30 all 10 models were bearish).  Since the paper account transactions were executed prior to the close the 3 will remain sold in that account.

Here are the updated bearish calls.

Sell today: Biotechnology(BIB) Real Estate(DRN) Energy(ERX) Finance(FAS) Mid Caps(MIDU) SP 500(SPXL) Russell 2000(URTY)

 
Score - Bulls: 3   Bears: 7
----  T H E   B U L L S   ----
  • Retail as represented by RETL
  • Technology as represented by TECL
  • Small Caps as represented by TNA
----   T H E  B E A R S   ----
  • Biotechnology as represented by BIB
  • Real Estate as represented by DRN
  • Energy as represented by ERX
  • Finance as represented by FAS
  • Mid Caps as represented by MIDU
  • SP 500 as represented by SPXL
  • Russell 2000 as represented by URTY


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