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.

2013-12-03

All 10 Leverage ETF Models Are Buying

Using the 1PM #'s as closing #'s the remaining bearish models are now bullish.  Probably due to today's big sell-off;  as mentioned before these models tend to indicate short-term overbought/oversold conditions.


In the paper account, after 3PM, we will be buying.Buy Today: Real Estate(DRN), Finance(FAS), Mid Caps(MIDU), Retail(RETL), SP 500(SPXL), Technology(TECL), Small Caps(TNA), and  Russell 2000(URTY).  The other two ETFS,  BIB and ERX, were purchased in late November.


Score - Bulls: 10   Bears: 0

----   T H E   B U L L 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
  • 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
----   T H E  B E A R S   ----



    No comments:

    Post a Comment