Yes, I meant to say MVP and DecisionMoose. As far as my long-term profunds strategy goes, I have been commenting on pieces of it over the last few months. The 10wema and 50wema crossovers are the bare bones skeleton of it, but I have added a lot of meat to it that would be too lengthy to comment on here. I won't always trade a bearish 10wema/50wema crossover based on a rule that I have. Bullish 10wema/50wema crossovers will always put me in if I am not already in. And I have very strict rules in order to play an individual position short.
My diversification is around these uncorrelated Profunds:
1. US - Nasdaq100 or Small/Mid Mix (which ever are most in favor)
2. China
3. Latin America
4. Nikkei
I also have some uncoorelated sector plays that I play with smaller positions:
1. REITs
2. Miners
3. Utilities
4. Oil and Oil Services
When one begins a long-term strategy like this, it takes a while to work into initial positions because signals are spread out. Being diversified, causes more signals to fire, so I spend more time repositioning rather than trading.
End of week trades are more reliable too because they are not as succeptible to one day manipulation.
Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.
AI
