Friday, July 9, 2010

Strategy going forward

Most indicators are 50-50. Our computers are systematically flat now after making a great bullish call at S&P500 1010- as we are at Resistance. The odds are now back to flat. We are back to 100% cash. We have not totally abandoned "HHH2" as it might be a delayed fuse. We will watch it. We will run on "instruments" in here. The news is too conflicting and our systems seem to be on the right path. It is a very difficult period to make money right now as demonstrated by the top talent's losses and lack of progress. We will probably trade through this period as we prefer to stay in top notch "conditioning" during hard times. I would not recommend this at home. Check weekend emails for updates. Have a great weekend everybody! Again- don't be discouraged as sometimes "bad beats" happen....we should have made a lot this week...oh well...the markets move on- so should we.