Tortoise daily trading plan review, Apr 24, 2011

Green Dragon Bridge

Image by hchalkley via Flickr

http://www.youtube.com/watch?v=FkHEL2PUNrw 

daily trading plan review

  • Market in Bull Normal;  Market is Overbought on a short term basis
  • Equities have stalled vicinity the previous swing high, with signs of confidence in emerging mkts and Asia beginning to emerge.
  • Precious metals, commodities, energy  of any type are dominating, especially silver
  • Rebalancingproject:
    • Monthly rebalancing : next re-evaluation  on/about  1 May
      • 331 is holding  DIA, MDY, IWM;    631 is holding SPY, MDY, IWM
      • Quarterly rebalancing: next re-evaluation  on/about  1 July. 333 is holding DIA, MDY, IWM;
  • ETF2 notes:  adjust stops
    • Theoretical exposure is recommended at 90%;  model portfolio remains at 90%
  • BrainMode Power update
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