Tuesday, September 23, 2014

Monday, September 23rd Update

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Timer Status:

Short-term timer:  CASH
Intermediate-term timer:  CASH
Long-term timer: LONG
Long-Cash Ratio:  fell -23% to 0.519.  STATISTICALLY SIGNIFICANT MOVE
Number % Long Recommended Stocks: 34.2%, dropped -6.1%

Timer Table:


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Commentary:

A significant drop today.  The drop of the long-cash ratio was statistically significant, and from other indicators that I employ, was accompanied by volume.  Pay attention; I'm continuing to raise cash.  Last calculations show that I have about 39% invested and the rest in cash.

Today was a severely bad day for the Cumulative TICK chart.  Selling algos were employed early and continued thoughout the day, exceeding 500 stocks being net sold per minute for over 2/3rds of the day.  The white and red traces tell you everything you need to know.

Strategy:

A number of stocks transitioned to "New Cash", and I'm selling.  No buying.

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Standard disclaimers apply.

Regards,

pgd