Pascal
11-13-2013, 03:46 AM
There was no change in the Portfolio yesterday. I did not buy ASPS because the 20DMF looked too weak during the day.
As you might have noticed, a late day funny money pushed the 20DMF back above its porosity level of +0.11%
Since this occured at the last minute of trading, nobody had time to act. Even the Stock Selection system did not recognize this move.
Hence, we will start this morning in a short mode and will cover the shorts if the move above +0.11% is confirmed during the day.
Pascal
PS: The long UAL Short CVE trade suggestions of the stocks Selection carry basically the same risk since they bet on a continuation of weak oil.
20769
As you might have noticed, a late day funny money pushed the 20DMF back above its porosity level of +0.11%
Since this occured at the last minute of trading, nobody had time to act. Even the Stock Selection system did not recognize this move.
Hence, we will start this morning in a short mode and will cover the shorts if the move above +0.11% is confirmed during the day.
Pascal
PS: The long UAL Short CVE trade suggestions of the stocks Selection carry basically the same risk since they bet on a continuation of weak oil.
20769