sohailmithani
192 posts
msg #123697
- Ignore sohailmithani |
5/1/2015 3:52:54 PM
Kevin please respond. Month has started and now am not sure which filter is correct. Should I buy AGG or EFA?
Thanks
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Kevin_in_GA
4,599 posts
msg #123704
- Ignore Kevin_in_GA
modified |
5/2/2015 10:39:20 AM
As I said earlier - I get EFA. No idea why AGG is being selected in your case as it's 3 month performance is dead last.
EDIT: Just look at the filter Mahkoh wrote a few posts earlier (copied here - nice simple code, dude.)
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sohailmithani
192 posts
msg #123705
- Ignore sohailmithani |
5/2/2015 11:58:48 AM
Thanks
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GarryDL
2 posts
msg #123798
- Ignore GarryDL |
5/17/2015 3:46:48 PM
Thank you folks for a great discussion.
Have you considered RRG on StockCharts.com? "Relative Rotation Graphs (“RRG charts”) show you a security's relative strength and momentum relative to a collection of other securities."
It appears to me be a better way of choosing the one equity to hold for the next month.
GarryL
PS I'm in GA also.
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GarryDL
2 posts
msg #123817
- Ignore GarryDL |
5/19/2015 11:42:17 AM
Actually, I'm not seeing a predictive nor confirming indication from the StockChart RRG. Went back to Chartschool on RRG and read the article on plotting the two indicators on a chart. It appears the two indicators (RS-Momentum and RS Performance) are polar opposites but nothing correlates to a price trend.
Sorry for the mis-direction, I'm still learning. I thought the two indicators would be good for the long hold period.
Garry
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Kevin_in_GA
4,599 posts
msg #123823
- Ignore Kevin_in_GA |
5/19/2015 4:48:29 PM
I had looked at RRG - my initial thinking was that one would buy "lagging" sectors (bottom left corner) and let the relative rotation carry them into profit.
Not convinced that is how it actually works though - I think you are better off buying strength and staying with it until it drops, rather than trying to time the bottom on any given sector based on RRG.
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Kevin_in_GA
4,599 posts
msg #123917
- Ignore Kevin_in_GA |
5/31/2015 9:57:30 PM
Before it is asked, the asset class for June is EFA.
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graftonian
1,089 posts
msg #123923
- Ignore graftonian |
6/1/2015 2:10:39 PM
Thanx, Kevin
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dashover
229 posts
msg #123940
- Ignore dashover |
6/3/2015 4:40:27 PM
Kevin, Just as long as you're putting your entire account into an asset like EFA...
Would you recommend any way of hedging? like selling if it's down 7%, or buying a 1 month put for .07 a share at 7% risk level $62...
or?
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Kevin_in_GA
4,599 posts
msg #123942
- Ignore Kevin_in_GA |
6/3/2015 11:33:59 PM
Well, this is how I manage things like my 401k, which does not let me trade options. You may choose to do this as a hedge, but I do not do this and am okay with the risk levels and performance over the past four years. Remember that this is a strategy that one can certainly customize.
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