"With a loss of 12.10% SP Alpha launched in January in the new year 2014.
The upward trend in the S & P500 stopped abruptly in mid of this month, just before the most highly weighted subsystem went into the market. The since early November invested trend-following system component is returned in this environment close to their entry price. The pullback component of the system is also currently fully invested and will leave with a pullback up the market again. The overall system is currently not far from his "short mode" in which it can then also set on falling prices.