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My own returns came from my correctly choosing the inverse Exchange Traded Fund for Natural Gas futures in the middle of June as the price of Natural Gas dropped a little over 12 percent.
The correction in longer term bonds at the end of the month provided a good entry point to what I believe should be a continuation of the summer rally.
In my May update I had mentioned that gold looked promising, but during the month of June it ended up being flat to down. I am watching for energy stocks to break out of their downwards trend as seasonality tends to favour them around this time.
XIU dropped below it's 200 day moving average at a price which I will call $19.00. This would trigger a sell in my Basic Timing Model. Since the 200 day moving average was rising, I would have purchased XIU again as close as I could to that same price after XIU bottomed and approached the moving average from below.
XIU dropped below it's 200 day moving average at a price which I will call $19.00. This would trigger a sell in my Basic Timing Model. Since the 200 day moving average was rising, I would have purchased XIU again as close as I could to that same price after XIU bottomed and approached the moving average from below.
Six month return for TSX @ June 30, 2011 = -0.86 percent
Six month return for Basic Timing Model using XIU = -1.6 percent
Six month return for Advanced Timing Model (my returns) = -3.57 percent
Money for charity = $411.27
Six month return for Basic Timing Model using XIU = -1.6 percent
Six month return for Advanced Timing Model (my returns) = -3.57 percent
Money for charity = $411.27
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