This is an alert about BPT Mechanical Systems:

Good morning, FYI on the mean reversion systems the SPY breakout system triggered yesterday, which I didn't see at the time.  I'm going to go ahead and issue this trade this morning for $20K of SPY ETF.  

The market is quite extended now, however that's the nature of the breakout system, it buys typically after the market is overbought.  If you think  you can buy at a better price after a pullback, that's an option to consider.

Matt

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