Leveraging Up Our Record….second comment for the day
What we do in our investing is a function of risk/reward and is directly tied to past performance. We leverage past performance at critical times.
At the moment today we have added some short leverage to the Aggressive Portfolio in the Marketocracy Tracking Funds…moving up to 240 percent short on a portfolio that is up 21 percent for the year to date and 70 percent for the past 12 months.
At the some time our Conservative Portfolio has moved up to 120 percent short on a portfolio that is up 14 percent for the year to date and 21 percent over the past 12 months. One can only make these kind of trades if you have profits to leverage. The EMA ETF Fund trails these but is up 9 percent for the year to date and remains at 100 percent short.
In the bigger sense we see S&P extremes over the next 9 months at 1065 and 500.
2:48 PM CDT