THE ZYX CHANGE METHOD POSITIONED OUR READERS WELL FOR THIS WEEK’S SWOON
This week saw equity markets swoon about six percent all over the world. Entering this week, ZYX Long Short Equities Allocation Model was 44% long and 56% short. Followers of this model clearly profited from the market drop.
Our ZYX Multi-Asset Global Allocation Model was net 3% short on equities ahead of the downturn. Majority of the open individual positions have also been short correctly forecasting a swoon.
We expect a short term rally as the market is very oversold. Aggressive accounts should use tight trailing stops on short positions to protect the profits from this week, exit them or fully hedge them.… Please click here or the title below to read more.
May 7, 2010