I reduced my leverage against the S&P 500 from a factor of -3 to -2 today. The 1-day, 1-week, and 1-year forecasts are all negative, but the 1-month forecast while negative was below my threshold for action based on said forecast.
I reduced my leverage against the S&P 500 from a factor of -3 to -2 today. The 1-day, 1-week, and 1-year forecasts are all negative, but the 1-month forecast while negative was below my threshold for action based on said forecast.