Thursday, September 19, 2013

WORLD.. Again...9.19.13

Yesterday's mega pop int the markets was a bit of an overreach but certainty goosed the WORLD model even higher.  How much of yesterday's closing surge may have been due to panicked short sellers trapped in positions and desperate to mitigate even greater losses.  That notion was sustained to some degree by today's moderate sell off.  The technicals are still clearly in historic overbought territory so we're keeping a short leash on current vested positions.

Tomorrow we will profile the new SMALL WORLD model, a 6 ETF condensation of the larger World model and a real revenue engine that doesn't require extensive trading maintenance.