My market timing model was in full swing today and it flashed a BUY. Today was a lot of carnage and I suspect that we could go even lower from here. I hope everyone has their stops in place, :).
Normally I wouldn’t move any money in the market until the low at 1276 [...]
I was surprised yesterday when I came back from a meeting to see that my proprietary market timing model issued a SELL. I advise taking some profits here and being vigilant for another possible market sell off.
This is good news, my Timing Model volatility indicator is actually dropping. It peaked at 2.9 on 3/17 and has steadily dropped to 1.79 as of yesterday’s close. This confirms my cautious belief that the market has bottomed but we’re not out of the woods yet. Everything hinges on what Gold prices [...]
I’m not sure yet but its beginning to look that way for now. On 3/17/08 my market timing model indicators registered the highest reading since I started running it. The next three days the indicator collapsed as quickly as it shot up. My twitter followers would’ve known that I started buying [...]
This week I featured the neural net models of Boeing Company (BA) and the S&P500 Index and indicated if each model had issued a BUY or SELL signal recently.
For my BA post, my neural net model issued a SELL signal on 2/26/08 (for 2/27 open) to establish a short position. It then issued a [...]
This is just a quick snapshot to see where the S&P500 is going. My long term S&P500 neural net model initiated a SELL signal on 2/28/08 (for 2/29 open) and maintains the short position for today’s open. I guess my Monte Carlo simulation, with its bias to the downside, is being proven correct. [...]
I make it a habit of “selectively” catching falling knives and yesterday was definitely such a day. I emailed my members yesterday around lunch time yesterday to tell them that my Market Timing model issued a strong BUY signal. Interestingly enough it was at the 1335 level which is right around the 1337 [...]
