Professor’s Comments Update 5/31/19

Posted by OMS  at May 31st, 2019

With the Dow down over 300 points, and in an EXTREMELY oversold condition, the Model is once again selling its positions in DXD and QID, taking another nice profit.

Today’s decline is clearly news driven, and anytime I get to make a profit on unexpected news, I take it.

I still believe this market can go either way from here, so I’m heading to the sidelines for the weekend.

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