Trend model signals

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  • #2445

    Hi Cam.
    Thanks for your website.
    I was wondering why you decided to stay long (spxl and tna) when the trend model turned bearish? Is the market now getting oversold enough to add to the long positions?

    Cam Hui

    When the market sold off, readings got oversold. Given that I was already long, I decided to stay long as I believed the risk-reward ratio was in my favor. Unfortunately, oversold markets got more oversold.

    Obviously, I would not act contrary to the Trend Model signal if I was starting with cash.

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