03-01-2021, 10:11 AM
https://www.davidalancarter.com/step-by-...-july-2018
Here is the "lookback" process. It's very simple to compute and interpret. I could do it myself and trade on the 5th of every month if I cared to. It's based on preceding "two months" of 31 day trading sessions, or 62 open-closes. Pretty much a three "calendar month" look back for momentum. If none of the four index ETFs outperforms SHY, which is basically a short-term treasury ETF that yields about nothing over three months, the 60% risk on portion goes to cash. While ST interest rates are basically zero, the trigger is anything positive at all. It self adjusts some for a different environment. If short-term rates were 3% it is not going to go risk on because SPT is +.2%. The last few months it would have. The hedge portion is always in play. He doesn't see a need to hedge a hedge. They are conservative by nature anyway.
I didn't invest today. I'll allow whomever cares to a chance to throw rocks at it.
I did ask for opinions.
Here is the "lookback" process. It's very simple to compute and interpret. I could do it myself and trade on the 5th of every month if I cared to. It's based on preceding "two months" of 31 day trading sessions, or 62 open-closes. Pretty much a three "calendar month" look back for momentum. If none of the four index ETFs outperforms SHY, which is basically a short-term treasury ETF that yields about nothing over three months, the 60% risk on portion goes to cash. While ST interest rates are basically zero, the trigger is anything positive at all. It self adjusts some for a different environment. If short-term rates were 3% it is not going to go risk on because SPT is +.2%. The last few months it would have. The hedge portion is always in play. He doesn't see a need to hedge a hedge. They are conservative by nature anyway.
I didn't invest today. I'll allow whomever cares to a chance to throw rocks at it.
I did ask for opinions.