Wednesday, September 17, 2008

QLD and HXU Timer Updates

With the stock market volatility this week and increasing traffic to my site, I thought I should post a mid-week update.

Table

6 comments:

Anonymous said...

I'm confused. According to your Sept 6 post "Amateur Hour" (which is no longer posted on the blog), you are long QLD. Does this post include the 20% loss since then?

From your Amateur Hour post:
My US timer went long on the evening of August 29 and I bought QLD the next trading day (September 02) only to get slaughtered.

Thanks

Fred said...

I went long with QLD and set a 10% trailing stop which was triggered. In my US account I am currently 100% cash. One issue you need to be aware of with the Covestor reports is that cash is not included in the calculation of returns. If, for example, my account had 10% QLD and 90% cash and the QLD fell by 12% then the Covestor account would drop by the full 12%

Anonymous said...

Ah ok cool. Maybe a good idea would be to post in the sidebar your current timer, state and the date of last transition? It would make it easier for us to play along at home.

More details on the nature of your system would be great too, as I can't see anything positive about QLD on aug 29th - other then the fact that it had pulled back a large amount. (Not trying to be a pain here - just trying to figure out what your model takes into account).

Cheers

t

Fred said...

Thanks for the feedback t.

Fred said...

I have posted the timer info in the header. Does that work? Do you think readers will notice it there?

Anonymous said...

Looks good. I read you via the RSS feed, so if you could make a post when the timer signals that would be great.

Thanks

T