Professor’s Comments Update 2/3/20
Posted by OMS at February 3rd, 2020
With the Dow up about 190 points, the Model has re-established a ‘trial’ position (1,000 shares) in DXDs at 22.60 Today’s bounce in the Dow appears to be an attempt to correct some of Friday’s sell off. Also, as long as the Daily indicators on the Dow remain negative, I want the Model to be consistent with the indicators, just in case something nasty happens overnight . If the Dow continues to advance from current levels, the Model will continue to add to its position…again, as long as the indicators remain negative. h |
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Category: Professor's Comments