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.
Market Alert: SELL signal generated
Friday's market action produced a RUM Wave sell signal. While a temporary rebound may occur, continued medium-term down trend is likely. The previously issued "Secure Profits" signal occurred near the short/medium term market peak and yielded a return of 8.3% during the period 20 August to 22 September utilizing a 3x DJIA ETF (symbol UDOW.) Cumulative 2013 RUM Wave performance has been 100% profitable on buy / sell signals while yielding 45% return on the notional portfolio below.