Sunday, August 12, 2012

TAQK..the base model 8.11.12


This is the modified TAQ model... TAQK...we've add XLK per our examination of QQQ vs XLK and this will be our workhorse model going forward. SH will remains in the mix following our brief delta neutral study earlier this week it will be used on an as needed basis to buffer any impending risk without going to the full RM model safety position of cash.

XLK has held top slot as the momentum mover among the components over the past week, followed by QQQ so our 52% tech weighting was probably not skewed enough short term.

Nevertheless, our metric panel remains in a HOLD mode as the SpreadX and TrendX continue down to the zero line and the opportunity for new capital infusion into the model may be approaching although these are long term models so patience is really the watchword.