Monday, April 12, 2010

TYH

TYH is a triple leveraged bullish technology ETF that trends well under the alogorithm:

TYH Daily Trend Model

The most difficult question is, what to do now?  

Do you wait for the next signal, which will be a Sell,  or do you get on board the overbought train?

My suggestion is that it doesn't matter much, since eventually there will be a Sell, followed by another Buy. Patience rules.

If TYH isn't accommodating, we will find something that is.

2 comments:

Anonymous said...

MIRAGE -- n., a phenomenon by which the image of some object appears displaced above, below, or to one side of its true position.

James said...

"TYH is a triple leveraged bullish technology ETF that trends well under the alogorithm"

Please prove this statement by doing a backtest using the entries and exits generated by the algorithm from the time TYH started trading from December 2008 till now to show a performance report that show that this is profitable.

Thank you.