A gain is a gain. 10% is a nice one too!
Using solely my past decision making tools/method, once the $USHL5 (weekly) chart crosses back above zero, I begin watching daily for a reason to get back into the market from the sidelines. Today's strong gains so far at midday today would be such a reason. I generally have a few minutes to check the market each day on my phone. Based on today's strong momentum, I would likely be putting a buy order into my 401k plan midday today to re-enter the market, and then check the market once or twice more before the end of the trading day, again using my phone. The fund I would purchase would be whatever Surfer is telling me I should be holding.
If the midday momentum maintained towards the end of the day, I would do nothing and let the buy order process at end of day.
If the days momentum deteriorated, I would likely cancel my buy order before the end of day, and continue my daily watch tomorrow.
I don't need to check the market daily when the $USHL5 chart is above 1000, or below zero. I am already in or out.
My use of the $USHL5 chart could be considered my own 'Storm Guard Armor'
I am still trying to figure out if the (daily) $USHL has any benefits for me.
GLTY
