SPX 401K stuff

    Posted by matt on 20th of Sep 2020 at 06:40 pm

    also one of my goals, not promising, but goals later this evening is to record a Zoom meeting going over the SPX 401K stuff.  Again if I get to it tonight will be later and probably something you can watch tomorrow. I could also do a live one but maybe best for me simply to recording something tonight to show you what that set of chars is looking for and things I look for personally

    Eventually when the buy signal

    Posted by cozz101 on 21st of Sep 2020 at 07:42 am

    Eventually when the buy signal happens, will you be posting in real time? 

    I didn't get a chance

    Posted by matt on 21st of Sep 2020 at 09:48 am

    I didn't get a chance to record that video last night, I may try to record something today but I also have the newsletter. 

    again guys come on man you know that the KISS stuff is listed in like 4 places.  

    1. the section on the website, chart is updated daily and if there's a change the dated text is updated there
    2. that same updated text is at the bottom of each email/
    3. It's in the newsletters
    4. I post that stuff here on the Community
    the point is the KISS information is posted so many places communication should not be an issue

    5. and here's the way you guys should also be looking at the KISS DVT 401K SPX.  As I've told you, I have a lot of great rules in place but as I've stated I'm by no means finished with it. There are pretty clear cut trades like the abcs and strongly oversold conditions which are automatically generated by the indicator.  However there are other entries that I kind of have to make a judgement call because there are rules and filters I have not decided upon yet

    Here's the point: Currently if you followed that DVT exit at 3490 you got out 250 points higher, it saved you 250 points!  You are 250 points better off already, that's awesome!  So that's why I said if on your side you see a trigger or reason to go back long EARLY then do it!  I mean heck, if you went back in now, you saved yourself 250 over if you had just did the buy and hold model, so even if it went longer, you are 250 points better than all your peers who have just held through it.  I want you guys to be open at times about taking imitative about buying early on your own vs waiting for me to say the KISS is back long. Remember the KISS is always going to go back long after a reversal, and many times it will miss the bottom quite a bit.  Let's say price was near the 200 day MA or you saw a nice positive divergence on a 60 min or 2hr chart that looked like a good entry, maybe take a shot because the system won't go long that early you might be able to get in 50 points or 100 points before the system.

    again the KISS 401K is great, but like I said, it is not fully fleshed, there are some rules that I have to make a judgement call on that are not automatic.  It's not like those SPY reversion to mean systems that only have hard set programmed rules.  

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