Poised and ready to pounce on buying opportunites

by Chris Kochiya|Published June 12, 2012

Author: Chris Kochiya

Covestor models: Sector Trends, Stocks Gold Treasuries US Dollar

In the month of May, I held onto my holding in SPDR Gold Trust (GLD) and the iShares Trust Barclays 7-10 Year Treasury Bond Fund (IEF). This fit with my trend-following strategy. I will now sit and observe what trends develop during the month of June, and be prepared to rotate out of the weaker trends and into the strongest trends I see.

AUTHOR

Chris Kochiya

Privately trading for about 20 years, I have worked through a couple of bear markets. Over the years, I have learned that one has to ignore a lot of "noise," i.e., trading methods that don't increase account equity, and to zero in on methods that do.

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