Thread: MrJohnRoss' Account Talk

This system you speak of peaks my interest...are there posted rules for said system or a way to track the flips...how does it work?

WhoDey.....Thanks for the system update! I was wondering if it was getting close to a flip to NUGT.

Any thoughts on how a Fed decision to cutback on QE will impact NUGT/DUST?

NUGT seems to have stabilized a bit. Currently 56.30 up 3.5%. Sure hope we're finding a bottom here. I'm thinking that as Federal budget/debt ceiling deadlines near and Congress continues to bicker that will be the catalyst for NUGT to take off..

Update on post #2255 below. NUGT up 5.48% today even as GLD sank, curious.. Maybe these ETF's have decoupled based on technicals ? NUGT had strong close and is still up after hours. Saw comments on Marketwatch.com that there may be profit taking tomorrow? I'm curious to see if Mr. JR System will continue to hold DUST tomorrow..

Originally Posted by MrJohnRoss

For those of you who don't want to worry about the day to day market fluctuations, this timing model will work very well.

Just keep track of the weekly S&P 500 as follows:

When the 10 week EMA crosses over the 50 week EMA, you want to be long stocks.

When it crosses under, you want to be in the G Fund (or short the market in your IRA's).

Only four trades since 1997.

You can avoid whipsaws by making sure the Stochastics RSI reaches 0.10 or below before selling.

Good luck!


Attachment 24854

Would you please explain the meaning of the StochRSI being below 0.1 when considering selling, and why did you set the StochRSI parameter at 92? What does that mean? I noticed the default setting is 14 but I haven't found yet what any of that means....really appreciate the help!

what burro said after doing a double take on what he had just heard

Originally Posted by PLANO

Would you please explain I is 14!

NUGT/DUST looks like it just barely produced a switch at the end of the day to NUGT. Since I can no longer post from work (my work computers still think this site is contaminated with MALWARE and a TROJAN VIRUS), technically, it now holds NUGT. For those of you paper trading this system, if there is ANY upside at the open tomorrow for NUGT, that would be the time to get in. (If it's a negative day for NUGT, I would hold off on making the switch). I find it amazing that the uptrend line and the timing band coincided almost perfectly to the day to produce this signal. Now let's see if it pans out, and if it does, how long it will last...


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Originally Posted by PLANO

Would you please explain the meaning of the StochRSI being below 0.1 when considering selling, and why did you set the StochRSI parameter at 92? What does that mean? I noticed the default setting is 14 but I haven't found yet what any of that means....really appreciate the help!

With Stockcharts, you can adjust the parameters on any of the indicators to suit your trading style. The default setting of 14 doesn't provide any meaningful signals for this model, however, a setting of 92 provides the rare confirmation that a bear market is in full swing (along with the crossing of the 10 and 50 week exponential moving averages). The SRSI level of 0.10 is just a visual way to avoid whipsaws.

Originally Posted by MrJohnRoss

Since I can no longer post from work (my work computers still think this site is contaminated with MALWARE and a TROJAN VIRUS),

Do you dare ask your IT folks to check on this? It turned out to be a false positive from Google on some benign code, and they have removed the block on their end. Not sure what's happening on your end that makes them continue to block. All browser I have checked have given it the all's clear.

Originally Posted by MrJohnRoss

With Stockcharts, you can adjust the parameters on any of the indicators to suit your trading style. The default setting of 14 doesn't provide any meaningful signals for this model, however, a setting of 92 provides the rare confirmation that a bear market is in full swing (along with the crossing of the 10 and 50 week exponential moving averages). The SRSI level of 0.10 is just a visual way to avoid whipsaws.

Thanks for that. In your mind, how does using the MACD compare to using the SRSI as a confirmation to avoid whipsaws? Are they equally good or is there an advantage to using the SRSI?

Originally Posted by MrJohnRoss

NUGT/DUST looks like it just barely produced a switch at the end of the day to NUGT. Since I can no longer post from work (my work computers still think this site is contaminated with MALWARE and a TROJAN VIRUS), technically, it now holds NUGT. For those of you paper trading this system, if there is ANY upside at the open tomorrow for NUGT, that would be the time to get in. (If it's a negative day for NUGT, I would hold off on making the switch). I find it amazing that the uptrend line and the timing band coincided almost perfectly to the day to produce this signal. Now let's see if it pans out, and if it does, how long it will last...

please tell me you were holding NUGT lol. 30% in one day, not bad

NUGT/DUST: Well, I guess that answers THAT question if we got a signal to switch or not. Jeez!

Congratulations to those of you holding NUGT!


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