Timer Update

January 9, 2009

My US timer was close to generating a long signal over the past several days.  Trying to be smart, I bought QLD hoping to be ahead of the signal.  Well it didn’t work this time and with the markets falling this morning I have sold all my QLD and currently have cash only in my US account.

Likewise with my Canadian timer, it was a little further away from generating a long signal but it was getting close and I took a chance on getting ahead of it by buying HXU and HEU earlier this week.  I decided to take my lumps and sell both of these this morning and am now sitting on the sidelines with only XSB in my Canadian account.

FJP

{ 2 comments… read them below or add one }

Dean January 9, 2009 at 1:28 pm

Getting a little restless? :)

Fred January 10, 2009 at 1:07 pm

Yes. Maybe I need a little more of the patience that the Old Turkey character in Jesse Livermore’s book displayed!

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