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.

2013-07-18

Three Weeks Later Finally Some Buy Signals.

I ran the models around 12 Noon. The Biotech (see BIB), Real Estate (DRN), Energy(ERX) and Finance (FAS) models went to the buy side.

Boy - did these models miss the recent run-up!  Good thing I'm only paper trading. Over the past 3 weeks, while I was waiting,  I made a slight change to the program that builds the models; the change, to the back-test method, entailed executing trades on the same day as the indicator-change day.  As such purchases in the paper account will be made on the day the model is run - the previous protocol was  to execute trades towards the end of the next day's trading period.
I will rerun the models after 3 today, if there are any changes I will repost.
  

Otherwise, the ETFs will be purchased afternoon sometime after 3 PM in the paper account.

3 O'clock Update: 2 more buy indicators since the noon run.  Retail (RETL) and S&P 500 (SPXL).  So these 2 will added to the paper account. What really surprises me about these models since I've been running them is that I thought they acted like overbought/oversold indicators - maybe that's not the case.

3:50 Update -  Adding Mid Caps (MIDU) to the buy list.

  Score: 7 Bulls and 3 Bears - 

----------- T H E   B U L L S ---------------

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

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