MarketTrak Question/Comment Message


Posted By: Peter   Date: Thursday, Apr 1, 2010

Title: 5-Day Forecast

Message:
 " The ANO moved a little lower but the signal remains long."
  But the 5 day forecast moved below zero. Can you comment?

Response:
  The ANO for the 5-day forecast did drop below the long trading position set point at the close today but recall that this model has a two day delay. This means that the 5-day model will not go to cash until the close on Tuesday (Friday is a holiday). The ANO for 1-day model (our standard) also dropped but its value is still in the long region.

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