Currently the Big Wave Trading portfolio is long 3 inverse ETFs, long small positions in 4 stocks, and short 20 individual stocks with one being heavily weighted in one leading stock of the past rally that is topping out currently. The inverse ETFs are used in my retirement account to profit from bear markets (currently 100% invested) and are used to put any cash on the sidelines in the regular portfolio to work if new short setups do not appear. Big Wave Trading always cuts losses as fast as it can when we are wrong. Big Wave Trading never holds on to a losing stock. We sell it or cover it immediately, no questions asked. Subscriber audited results for 2010 and 2011 can be found on our website.
Top Current Holdings (all shorts) – Total Returns – Date Of Signal
ANR – 62% – June 2nd
BKD – 44% – July 26th
GBX – 41% – July 27th
TTM – 40% – May 17th
BCS – 40% – June 6th
HIG – 36% – July 14th
MTH – 33% – July 14th
DOW – 32% – July 27th
BAK – 30% – September 1st
GES – 28% – July 12th
NIHD – 26% – August 4th
PMTC – 26% – July 27th
BX – 23% – August 2nd
ROVI – 20% – July 28th
Hows it Josh,
Long time. Hope all is well. Are you now providing buy signals on long and invesrse ETF’s or is this just to put some extra cash to work?
thanks,
Tom D.
My IRA has never been able to make money in downtrending markets. These things did not exist until 2008. Now that they exist I can use them to make money in my IRA. I started backtesting them day by day on my charts and while there WILL be false signals those false signals losses get made up for when the signal is a “good” signal. This allows me to be fully invested on the short side in a vehicle that cant go short. I hope you are doing well TomD. We are going to make a lot of money here, if this market falls apart. If it doesn’t, that is why we cut our losses. Sucks if that happens but if it does, the way this market is setup, another short sell will be around the corner.