This entry was posted on Friday, June 27th, 2008 at 7:52 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Some of you may remember the system that triggers when we get very oversold on the T2108 indicator that I have highlighted in the past.
Today that system is buying:
IWB and MDY
If we get another big down day you can expect it to buy another pair of ETF’s tomorrow. Remember based upon historical drawdowns keep this system a small portion of your total portfolio. 10% is about right. Have to do something with my high cash position since equity trend stuff went to cash over last few weeks.
Have a Great Day!
Dave Johnson