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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (26723)1/29/2010 8:20:56 PM
From: LTK007  Read Replies (2) | Respond to of 71463
 
i think they have cause to be looking at this Hope Rally burning out, that it is sooner than expected means nothing, they don't have rigid minds, AT ALL.

Brief , brief very brief from of their report: They are seeing a growing backlash to the "To Big To Fail" bailout bonanza
That Davos has been somber as it is beginning to see the hard truth that "Main Steet" is suffering.
That some euphorics are having a dim light appearing in their head that this massive Bank bail out was outrageous: 750 billion for banks and 30 billion for Mainstreet, or one dollar for Mainstreet for every 25dollars for "The To Big to Fail" is slowly dawning on the meatheads, that, o my, it this isn't working.
.

Now TSR has two forms, one a weekly report for regular investors and their Monday through Friday letter for Pro-Traders.(If you have The-Pro, you also get the weekly report)
What i quoted from in the once a week report and it has what is the TURTLE SYSTEM for investeing, it is 100% mechanical.
So this is where they stand now, they use NASDAQ for their Turtle System triggers.
For those that don't know the Turtle System, they can GOOGLE it--if they wish:)

The next Pro-Trader newsletter i get Monday around 8:30am
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Last Changes: On 1/28/10, the timing model went from +200% to -25% invested. (Take a 12.5% position in SDS, which doubles the inverse of the S&P 500.)

Current level is -25% invested.

Triggers for Increases or Decreases in Model's Investment Level Investment Level will go to:
First Downside Trigger: A new close at or below Nasdaq 2121.1 -75%
Second Downside Trigger: A new close at or below Nasdaq 2057.5 -125%
Upside Reversal Trigger: A closing price in the Nasdaq that is 6% above the lowest intraday level since 1/27/2010. In the event of a reversal, the Model will increase its investment level to +25% invested. Each additional 3% increase in the Nasdaq would cause the model to increase its investment level in 50 percentage point increments. If a reversal is in turn reversed again before it is "confirmed" by another 3% move in the same direction, then the second reversal returns the model to the same position as before, which was +200%. -25%