24 Oct 2020
I just joined. The suggested ETFs are trading higher today than where they were originally recommended. Should I buy an ETF now or wait until the next signal change to act?
... signal occurs, may be far from where the market is currently trading. Even if one is not buying ... model's returns are based on going long or short at the time of the signal ... sell signal was issued, so you could still buy an inverse ETF if it does ... position size ...
26 Aug 2012
Will the MDM ever change to a buy signal without a follow through day? What about sell signals from a confluence of distribution days?
... sell signal, but what about your buy signal? A: The market environment has been one ... buy signal without a valid FTD as there are other variables that are weighed into the model. Note, FTDs do not guarantee a buy signal ... Bill O'Neil that cash is often king, ...
15 Jun 2018
If MDM is on a sell signal, should I go long a stock?
... Model (MDM) signal for entering new stock positions. Last evening, you noted two Pivot Points, one ... hold a position). A: When it comes to initiating long positions in stocks, you should first ... on a buy signal, that does not mean the market cannot pull back a ...
01 Sep 2011
The model went from a buy to a cash signal, then from a cash to a sell signal all on August 31, 2011. Yet August 31 was not a distribution day. Please explain.
... the market closed slightly higher, midbar. However, the model looks at a number of variables with price/volume action ... days leading up to the sell signal. All taken together, intraday selling pressure was large enough to push the model into a sell signal.
06 Dec 2010
On your results page, you show -3.12 for 11/16/10 which was a sell signal, then a blank for 12/1/10 when your model went to cash. Please explain.
... /1 is blank because the current signal is in cash (as of this writing). When the model changes signals, this blank will be left ...
05 Oct 2011
The model just switched from a sell to a buy signal. If I were to switch into cash rather than go long and the market took off to the long side, would I ever get another buy signal?
... The model would not give a second buy signal, just as it would not give a second sell or a second cash signal. That ... said, you could try pyramiding into your position by buying ...
13 Sep 2011
How do I handle my ETFs on buy or sell signals issued by the model?
... model switching signals: 1. The day when the MDM model switches from Buy to Sell signal, I have basically two actions. (a) Sell all ... model switches to a neutral (cash) signal, I have one action: (a) Sell all my existing ETF positions. Note, if I'm holding ...
01 Feb 2011
Recently, it seems the model made most of its gains on its buy signals since 2009, and most of its gains on its sell signals in 2008. Why not ignore the sell signals during bull markets?
... NO leverage, just 100% long/short/cash the NASDAQ Composite (1x ETF QQQQ ... so the model can just focus on either its buy or its sell signals, but ... one must watch the market day to day and make decisions accordingly. That is what the market direction model does ...
26 Nov 2012
MDM had a buy signal. I bought a 3x ETF. The ETF moved higher but now has moved back to my original buy price. At what point should I have exited if at all?
... has moved back to my original buy price. At what point should I have exited if at all? I am still holding my ... strictly by the MDM's signals so would still be in their initial position when the model issued a sell signal. It is up to ...
17 Jan 2016
Do you have results for your pocket pivot service? Also, do you advise when a stock hits a sell signal?
... results for your pocket pivot service. I can see the results ... stock hits a sell signal? So far, I have only seen buy signals. A: ... to initiate a position, add to an existing position, or simply watch ... on when the market turns back to the upside. Members are ...