Friday's trend reversal turned the past week into a slightly down
week for me since I maintained the .SPY141018P192 hedge through Friday. But given Friday was an oversold rally on low volume it will take several follow-throughs before
I am willing to take the hedge off.
Three names in the portfolio have had Opinion changes and I will be
watching $OKE, $SE and $TEN for exit alerts on Monday. The market model remain Bearish and both the Dow Industrials and the Russell 2000 now carry a Bearish opinion. Model Portfolio details can be viewed by
clicking on Alpha Model Portfolio. Please review the disclaimer statement published on August 3, 2014.
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