Performance
Ask yourself this question:
“How many services can recommend a short sale within a percent or two and day or two of an exact countertrend high, then cover and go long within those same parameters….. and then take profits again—all in less than six weeks?”
S&P Cash as
represented by (SPY)
We recommended shorting SPY at 283.60 on 3/19/19 the exact day of the initial top saying the “Based on the 2350 low in the index on 12/26/18 we could see a slightly higher high near 2859 by tomorrow’s close or into Friday….” That turned out to be quite prescient with the index hitting an intraday high 0f 2860 that Friday before plunging some 80 S&P points the following day.
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On 3/25/19 we recommended covering our ½ our SPY short 279.50 and were later stopped out of the balance at 281.53 for an overall profit of $3.09 in under one week.
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