The sell signal that I felt was comming has finally been given. We are now in cash in our conservative portfolio and short the QQQQ in our aggressive portfolio. We have closed our positions in IWO at $78.73.
Trade summary:
Conservative portfolio- Sell position in IWO.
Aggressive portfolio-Sell IWO position we are short QQQQ at $43.98.
Thursday, November 30, 2006
Wednesday, November 29, 2006
11/29
Yesterdays late comeback was very bullish for equities, however I think we need to see some follow through. Today's GDP report is doing just that, lets see if the market will be able to hold on to these early games.
The system itself remains fully invested in the Russel 2K growth ETF. We were getting pretty close to a sell signal but nothing has materialized yet.
The system itself remains fully invested in the Russel 2K growth ETF. We were getting pretty close to a sell signal but nothing has materialized yet.
Tuesday, November 28, 2006
11/28
Conservative Portfolio- The portfolio is 100% invested in the Russel 2K growth fund (IWO). The average price paid is $79.49
Aggressive portfolio- Also 100% invested in the Russel 2K growth fund. AVG price paid $79.49.
Aggressive portfolio- Also 100% invested in the Russel 2K growth fund. AVG price paid $79.49.
Welcome
My goal here is to show you how easy it is to time the market. My method is ideal for managing your 401K, IRA, or simply to trade the market. I will offer two portfolios in real time. The first is for the conservative investor which has returned 14% annualy since 1994, the second is for an aggressive trader who has the ability to go short. One highlight I'd like to point out from my method is the very low draw down of merely 17% over the 12 years which I've tested it. compare that with the S&P500 who had a draw down of 48%. Trading costs will remain very low,as only three options are available long, or cash in the conservative portfolio and we add short to the aggressive portfolio. My research has showed that the best trading vehicles for this portfolio is the the NASDAQ 100 trust, the Russel 2K growth ETF, and the Russel 2k Value ETF. In the aggressive portfolio we will be trading the same ETF's but we will be able to go short. Please note that the aggressive portfolio is for only those who are willing to take on added risk, draw downs for this have averaged around 27% for the 12 years I've tested it on and results have improved to 19% annual return.
I will be tracking the conservative portfolio on Marketocracy so everyone can view it's performance over time. If anyone knows where I can set up a portfolio that allows me to go long and short please let me know so I can track the aggressive portfolio.
I will be tracking the conservative portfolio on Marketocracy so everyone can view it's performance over time. If anyone knows where I can set up a portfolio that allows me to go long and short please let me know so I can track the aggressive portfolio.
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