Here's the KVB MLB Contrarian Fund through 161 plays with links to the plays...
Here are the charts. Since that sell signal two days ago, that is to say if you had not bought Contrarian Fund plays (not a fade as these are not spreads like the NBA), then at this point you would have NOT lost -.4 units.
The Fund is down -.4 units since I suggested a near term pullback.
At this point, however, after todays results we have another cross, a "buy" signal. A further table, in another post, will show that it hasn't been roses following these buy and sells under the histogram of 10 and 20 SMA's.
But I did say after a small pullback we would see another upswing, that may indicated here.
The backbone plays continue to run hot and outside of the expectation of a small pulback to a sideways market here, the most recent "buy" signal here has so far resulted in +4.69 units.
But sitting out of the previous sell signal period would have resulted in more than +4 units missed out on. So it's not just about each signal, for both charts, we do have to get more specific to narrow the best periods for aggressive trades.
Like I said, there's an expectation of sideways action and perhaps less volatilty, but otherwise a fairly healthy market as we head towards the post season...
Different markets do different things and some real time examples are just more beautiful and prettier than others. We had an excellent NBA contrarian spot, with a classic market bottom and buy signals to hit.
The NCAAF UPSET Basket has had it's perfect signal weeks too, I'll make sure we're up to day on those charts this season as well.
The MLB Charts promise to have their moments as well, if they aren't having one already...