Tuesday, February 3rd, we and bought a half position short in the Euro$ at 115.10. On the close we sold our half position long in the US 10yr note at an equivalent yield of 1.793% and established a half position short in the S&P 500 at 2050, using the March Mini S&P futures. We are now short half positions in the S&P and Euro$ and are 50% invested.

We are on a trip and will not be able to provide our market analysis and trading objectives until Monday, the 9th. We will, however, continue to publish our trades as they occur.

Modeled performance since inception, May 2012, net of all fees is +125.50%
In 2012 modeled performance (7 ½ mo.) net of all fees was +12.46% with a 10% Hurdle rate
In 2013, modeled performance net of all fees was +19.73% with a 10% Hurdle rate
In 2014, modeled performance net of all fees was +56.42% with a 10% Hurdle rate
In 2015, modeled performance net of all fees is +8.75% with a 8% Hurdle rate