MDM - Model switches to neutral 3/16/11

Published : March 16 2011 at 14:13 ET

The fail-safe has kicked in the model. That said, it will be on buy signal alert which could come at any point. It is best to keep losses small for now.

Given current entry levels when the email was sent earlier yesterday, that represents a 0.5% loss in a 1-times ETF such as QQQQ and a 1.4% loss in a 3-times ETF such as TQQQ. Given that small downside loss, it was a risk worth taking.


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