Strategy: Preservation of capital is the goal till later in the year. Use ST/IT Trading setups to scalp here and there.
Portfolio:
ST: Short SPY (10%)
IT: Cash (30%) or to be Cashed(20%)
LT: Long (40%), Tapering in progress
Net: 40% Long SPY
All Intermediate Term Models and their aggregate "Models Composite" are now on sell side.
Weekend Updates
Just an observation: Current situation bears striking resemblance to times before 2010 Flash Crash and 2011 Water Fall Decline (Daily Chart). However, we are still some distance away from a major decline.
Edited by Harapa, 12 April 2014 - 08:00 AM.
