Friday, October 3, 2014

Moving On Up.....10.3.14

Substantial technical improvement in the markets today and a bounce off our TrendX support line (see right side panel).
Beta is looking at cash for Monday having been stopped out of VXX yesterday for a 1% loss...BUT avoiding the 6% drop in VXX today.  The stops have made a tremendous difference in total return and this weekend we'll look at performance with and without the cash stops and the auto-stop in place.  It may make you a believer.