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S&P 500: 1,666.29
Change: -0.07%
Neurodoc
P&P Score: 98.86   Points: 29.73   Accuracy: 46.85%   Average Pick Score: 0.43   Annual Return: 14.18% (65.11% since 10/18/08)  

Neurodoc's Blog : Hedge On

Date October 11, 2012    Comments Comments (0)    Rate this post Recommend This Post (194)   
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Today (10/10) the NYSE Bullish percent index crossed below its 23d MA and is touching its 23d EMA, which combined with a negative divergence, and the 60/5 PPO of the $CPCE not near an oversold point, gives me a bearish signal, prompting portfolio hedging using the SH to offset long positions.  Of course always a possibility of a whipsaw, but Oct is always a dangerous month.



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