Monday, April 12, 2010

TYH

TYH is a triple leveraged bullish technology ETF that trends well under the alogorithm:

TYH Daily Trend Model

The most difficult question is, what to do now?  

Do you wait for the next signal, which will be a Sell,  or do you get on board the overbought train?

My suggestion is that it doesn't matter much, since eventually there will be a Sell, followed by another Buy. Patience rules.

If TYH isn't accommodating, we will find something that is.