A rules-based “risk-on/risk-off” plan. It runs a lighter HFEA (70% SSO, 30% TMF) when rates are falling and fear is low, but shifts to cash, the U.S. dollar, or hedges when fear spikes or rates rise. Avoids K‑1 funds; mainly uses 2x ETFs.

1) If market fear stays very high, hide in short-term Treasuries (SHY). 2) Else, if bonds are beating cash, take a “risk-on” basket of leveraged U.S. stock funds that look recently sold off. 3) Else, if long bonds are weaker than cash (rising rates), hold the U.S. dollar (USDU) plus one hedge (short stocks or short bonds). 4) Else (falling rates), run a lighter HFEA: 70% 2x S&P 500 (SSO) + 30% 3x long Treasuries (TMF) unless the market just fell hard; then park in T‑bills (BIL) for a few weeks.

Higher upside potential: out-of-sample return 25.63% vs SPY's 22.23%, driven by a rules-based regime switch with leverage and hedges. It aims to capture gains in falling-rate markets while adding crash-protection signals—though drawdowns can be larger in severe downturns.