The market started to rise tonight a day or two ahead of what my model was projecting. This recent correction was pretty shallow. So after re-running the models I bought every stock on my buy list in the US:
RICK, NNDS, SHLD, AAPL, GOOG, IFN, BWLD, HCBK, XLF, LUV and LCC puts
This is about as long as I'll get. Estimated portfolio beta is 1.2 and borrowing is 30% of net worth. Going forward I aim to gradually reduce the margin loans. RICK is not cooperating. NNDS is doing nicely since I bought back in.
P.S.
This post partly explains why. My model indicators also show a potential large rally ahead.
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