ripper's account talk

Weekly Update

Aggressive Model
Current position: Cash
YTD: +13.8%

Conservative Model
Current position: Cash
YTD: +9.5%

I traded conservatively this week, as I wanted to be out of the market prior to the employment report on Friday.
All of my signals remain bullish. I may take a long position if we get a pullback and the signals remain bullish. If not, I'll wait until I get a sell signal and go short.
 
I've noticed that the Russell 2000 has out-performed the S&P 500 in about 80% of my trades so far. Based on that, I've decided to use TNA/TZA for future trades in my Aggressive Model rather than UPRO/SPXU. I'll continue to use SPY/SH in the Conservative Model.
 
Weekly update:

Aggressive Model:
YTD: +10.2%
Current position: Cash

Conservative Model:
YTD: +9.1%
Current position: Cash

Signal is currently slightly bullish. Not sure if I'll take a long position here or wait for a sell signal.
 
My models remain bullish, but I probably won't take a position until after the dust settles from the Fed announcement.
 
My models remain bullish, but I probably won't take a position until after the dust settles from the Fed announcement.

Good call, it will be tough for the TSPers to react in time, but it's still the right call.
 
Good call, it will be tough for the TSPers to react in time, but it's still the right call.

I think the Fed threaded the eye of the needle today. There are lots of people still on the sidelines now wandering when they should get in this market. Many of them don't want to chase this run up and will be ready to jump in on any pull back. If we get a pull back it should be short lived. Hopefully we will be challenging the old highs before long. Good luck
 
Good call, it will be tough for the TSPers to react in time, but it's still the right call.

I always prefer to be on the sidelines prior to a major market news event. It's like betting on a coin flip. There will be plenty of other times in the future when the odds are much more favorable.
 
I think the Fed threaded the eye of the needle today. There are lots of people still on the sidelines now wandering when they should get in this market. Many of them don't want to chase this run up and will be ready to jump in on any pull back. If we get a pull back it should be short lived. Hopefully we will be challenging the old highs before long. Good luck

Agreed. I have little idea where the market is going. I still feel certain that there will be a major pullback. But that won't happen when many are expecting it. The question is, how much higher does it have to go to get the majority on board?
 
Weekly update:

Aggressive Model:
YTD: +10.2%
Current position: Cash

Conservative Model:
YTD: +9.1%
Current position: Cash

I elected to stay in Cash for the week, primarily due to the Fed announcement on Wednesday and OPEX on Friday. That caused me to leave some gains on the table since my signals were partially bullish at the open on Monday before moving fully long at the close on Wednesday. But I'm encouraged that my signals were on the right side of the market for the week.

The nice thing about trading the market both long and short is that each day is usually an opportunity for profit. For now, I'll probably stay in cash until my signals give a sell.
 
Weekly update:

Year-to-date performance does not include current open trades.

Aggressive Model:
YTD: +12.5%
Current position: 50% TZA @ $47.44

Conservative Model:
YTD: +9.1%
Current position: 100% SH @ 20.57
 
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