Back in June of 2016, I wrote this post about random entries and trailing exits. It turns out (on average) that you can beat buy-and-hold of the S&P 500 by simply buying members of the S&P 100 randomly, as long as you a) have a market-timing filter, and 2) have a trailing stop of 20%. Yes that’s right, just pick them at random! Here are the details of that original ‘system’ (it’s not really a system, more of a curiosity): Continue reading All About the Exits…Revisited
Indicator turned red.
On Thursday, the indicator dipped briefly below the 75 threshold (74.82 to be exact). It is now above 75 again. The indicator is only “green” when the last ten days have been above the threshold. So it is officially yellow for now.
What should you do? Panic? Sell everything and buy gold and/or bitcoin? Er…no. Just wait to see where it goes.
The indicator has turned yellow. This means…do nothing. Nine more days in the 75+ range will turn green, at which point you should…well, do whatever it is you do when the indicator turns green! I for one consider longer term investments when it turns green.