Monday, January 10, 2011

Second Red Flag

sp-dailyToday the S&P 500, Small Cap, and DOW 30 all fired their 2nd red flag indicating that a trend reversal is very possible. Nothing in the world of stocks is certain, but I have to act on what I see and read and not what I hear. So tomorrow, Tuesday the 11th of January 2011, if we are printing a Red Flag on the S&P500, I will close my C and S-fund positions and consolidate them into to G-fund. I will do my best to post here prior to 11:30am, but each of us has to make their own decision on their money. My gut is telling me we will print green tomorrow, but only time will tell.

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