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.

2013-10-29

Late Call To Buy Biotech Leverage ETF.


I use Yahoo Quotes for price and other technical data.  Sometimes overnight the numbers will change when compared to the 4PM closing numbers.  And so the models change - such as Friday's and the over weekend update for DRN (see previous post.)






 It happened again last night and to make matters worse Yahoo didn't update the #'s until Noon today.



So what changed - when I ran (today at Noon) the models using the updated overnight numbers the Biotech Leverage ETF BIB went to the buy side.

So in the paper account we will be buying BIB

Score - Bulls: 2   Bears: 8
----   T H E   B U L L S   ----

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

No comments:

Post a Comment