We remain in a stopped mode. If the market does get some followthrough to yesterday's pop there will be plenty of time to get on board. On the other hand, if we see a retest of Friday's lows then cash will be the place to be.
No new Alerts today although we did get some temporary intra day Long signals in QQQ and SPY yesterday which were cancelled at the end of the day and actually went short. It was that kind of day on 50% normal volume and is typical of pre holiday gyrations where smaller traders can move the markets dramatically and short covering can add to the market pump.
I've included the T6 update below since I know a number of readers have mimicked the portfolio for their own long term accounts. Also check on the post of Nov 13th regarding my RSQ stop comments.
Since you asked: the performance metrics do not reflect activating the RSQ 1.3% stop which has only occurred once (recently) in the 2 year study period. Thanks to Steve for pointing out that the earlier post did not indicate a currently stopped position based on a 1.3% drawdown.
