My US timer went short on March 04. Anticipating that would happen once I updated my timer with the end-of-day data that evening, I decided to purchase Proshares Short Russell2000 in the afternoon of March 04. So I took my own advice. Kind of. I didn't sell my regular US stocks (AMX, HNR, KEG, OMG, SIM and TSM).
Late yesterday, I decided to increase my short position on the US market by purchasing Proshares Short QQQ.
I am now 25% short the US market. In other words, my US stock holdings consists of 75% regular stocks and 25% Proshare Shorts. When my timer goes long again, I'll determine if I should have sold all my regular stocks and only held Proshare Shorts.
As an aside, the RiskGrade of my portfolio of Canadian and US stocks is at an all-time low of 69. In late 2007, my stock portfolio RiskGrade was usually in the high 80's.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment