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Wednesday 27 May 2015

Sell in May? Not yet.

The NASDAQ 100 Index closes today at all-time high. Is it time to sell and go away. Our model tells not yet.

The current signal (Long NDX and short INDU, market is up) since April 30 is performing well. The long/short position is making 0.8% and the market timing is net 2.04% in NDX, or 1.4% in SPX.

We are waiting for the short signal to reverse the trade.

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