ripper's account talk

As I posted earlier, I sold my 50% position in SPXU for 18.33, for a loss of 1.6%. That reduces the system's year-to-date profit to +2.3%.
I took a 100% position in UPRO at the closing price of 76.63.
I also made an IFT on the AutoTracker to 50C/50S. My YTD return on the AutoTracker is currently +1.43%.
Obviously a little late to the rally, but just following the system. Hopefully there's something left in this bounce.
 
It appears that the system will move to a sell signal at the close today, so I am making an IFT to 45G/45/F/10C on the AutoTracker.
 
It appears that the system will move to a sell signal at the close today, so I am making an IFT to 45G/45/F/10C on the AutoTracker.


That didn't go well.

The system I'm following uses closing market data. This morning, there was a high probability that the key indicator I was watching would move to a sell at the close. Since the TSP cut-off is 4 hours before the close, I chose to front-run the signal and make an IFT. Naturally, the indicator moved back to a buy in the last hour of trading, so the system remains on a buy.

I knew this would be an issue trading with TSP. I guess from now on I'll wait until I'm certain of the signal, even if it means making a transfer a day later.
 
System officially moved to a sell at the close today. I will sell UPRO at tomorrow's opening price and take a 50% position in SPXU.
 
I sold UPRO at today's opening price of 79.90 for a gain on the trade of 4.3%. I took a 50% position in SPXU at the opening price of 17.30. Following this morning's trades, the system has a return of +6.7% YTD.
The system remains 45G/45F/10C in the TSP with a YTD return of +2.83%.
 
While the system remains on a sell - for now - I made an IFT on the AutoTracker this morning to move to 90G/10C to lock in the recent gains from the F Fund.

I also sold some of my SPXU in my personal account, although the allocation will remain at a 50% position for tracking purposes until I get a signal to move to cash or buy. I felt it prudent to lock in some gains from a 9% gap up at the open.
 
The system moved to cash today. I sold my 50% position in SPXU at 21.54 for a net profit on the trade of 12.3%.
The system is now in cash and is +19.8% YTD.

The TSP model remains 90G/10C and is +2.37 YTD per the AutoTracker.
 
System moved to a buy. I took a 100% position in UPRO at $58.65.

Unfortunately, I'm out of IFT's for TSP so will remain 90G/10C. I may make a transfer on Monday.
 
System moved to a buy. I took a 100% position in UPRO at $58.65.

Unfortunately, I'm out of IFT's for TSP so will remain 90G/10C. I may make a transfer on Monday.


The TSP model moves to 50C/50S at the close today. The TSP model's YTD return is +1.84% at the COB on 2/28, per the AutoTracker.
 
System is moving to a Cash (neutral) position today.
TSP model goes to 70G/10C/10S/5I/1 each of the L Funds.
I sold 50% of my UPRO position at 58.97 and will sell the other 58% at the close.
 
The system will move to a buy signal today IF the market tests the lows set last Friday.
I'll post an update this weekend.
 
I'm in... too bad I missed the sell signal; work getting in the way again. This is good news otherwise.
 
Other indicators have moved the system to a buy signal. I'll buy 100% UPRO at today's closing price.


I took a 100% position in UPRO at Friday's closing price of 52.70.
The previous UPRO trade that closed on 3/5 lost 3.0%, dropping the YTD return for the ETF model to +16.2%.
The TSP model remains at 70G/10C/10S/5I/ + 1% each of the L Funds. Since the system moved to a buy but I am out of IFT's for March, I will use the <1% method to increase my allocation in stocks by 1% increments when applicable.
The YTD return for the TSP model is -0.66%, per the AutoTracker.
 
System remains on a buy. But if the market closes very much lower tomorrow than it did today, it will probably move to a cash position. There are a number of reasons why the market "should" rally, but this obviously is a unique situation.
Personally, I took about a half position in UPRO when it first moved to a buy. Since then, I've made small additions to that position following market sell-offs and made the final purchase for this trade at the close today. If the system moves to cash tomorrow, I'll sell at least half of my position if not all of it. If that's capitulation, so be it.
 
Sitting tight for now. Not expecting a bottom until around the S&P 1600-2160 range. I don't want to go long until I'm quite certain the bottom is in.
 
We're having a bullish breakout today of the recent downtrend, so the system will be taking a partial long position of 50% UPRO at the close.
Another up day in the market tomorrow will confirm the reversal and the system will move to a buy signal and move to a full position of 100% UPRO at the close.
 
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