What pullback are you looking out for to enter into long positions for ENPIX fund (pool of energy stocks)? What chart will you be looking at to do this? What moving average will it be?
Your explanations on when to enter a position during a pullback is extremely valuable.
I'm not sure yet, that's why I wasn't more specific. But using the Energy Select Sector SPDR (XLE) as a benchmark, a pullback of about 3% or so would probably be enough for me to begin an intitial position in the Model Portfolio. If we don't get it pretty soon, I may just go ahead and buy a very small amount and add to it, but I'd prefer to buy on some kind of weakness.