Monday, March 22, 2010
MLR Rotator Rolls Over
For the next refinement of the MLR model I'll activate an equity curve stop based on daily bars and a trailing stop to lock in accrued gains. Tuesday Ill explore some general implications of a shrinking ATR on the shape of equity curves that may help explain a consistent recent trend to see these curves flattening out.
On a side note: Don Worden featured UUP as a LONG pick on Friday based on completely different technical signals . . so it will be interesting to see how this pick plays out over the next several days. The currencies have a tendency for longer term trend runs, which accounts for their relatively low price volatility and beta values.