Some of my readers will recognize my previous work from the Reversion to the Unified Mean (RUM) Wave blog. I wrote it in relative anonymity for a couple years. That work can now be found here.
Today appears to be the start of the newest wave. This morning I moved into my 3x DJIA ETF as the market was moving higher. I was able to eek out a .67% profit, which is better than nothing. I suspect the rally will last for a week or two, but I'm skeptical of the ability to break out into new highs.
My positions are backed up with a stop on this order. I'm not usually a fan of using stops, but I think it is warranted here.
TSP gameplan: Move into C or S fund for the next couple weeks. After that, we will go back to the G fund.
Questions, comments? Email me: email@example.com
GOOD LUCK TOMORROW!