My Hedged Fund - Another "Trend-Following" Post

Discussion in 'Journals' started by MyHedgedFund, Feb 5, 2011.

  1. Week 11: Reducing Exposure...​


    Trends have for the most part dissapeared, and may at best be in transformation mode. The chart below is typical of previously trending investments which have seen deteriorating trends for ~2 weeks now.

    [​IMG]


    Transactions for the week

    The deteriorating trends resulted in several sell signals early in the week:

    - Sold positions in Agriculture (DBA), Russell 2000 (TNA), S&P 500 (UPRO), Aerospace (ITA), Midcaps (MWJ), Russia (RSX), DJIA (UDOW), Industrials (XLI), Media (PBS), Broker-Dealers (IAI), Real Estate (IYR), Water (PHO), Materials (XLB) and Consumer Discretionary (XLY).
    - I added to my existing positions in Energy (ERX), Natural Gas Exploration (FCG) and Canada (EWC)​

    I am at this point heavily into cash, waiting for trends to develop.

    [​IMG]

    Performance for the year is sligthly positive (1.52%); charts with weekly performance and benchmarks follow:

    [​IMG]

    What Next Week May Bring:
    The energy sector came back after a short pullback; I may find myself adding more blocks to the energy-related positions. Short opportunities may also materialize.

    Questions as always welcomed...

    Boston
     
    #21     Mar 20, 2011