I see no way I can stay in the C,S, and I tomorrow unless by some miracle the markets reverse course over night. The News overseas seems to have lite a fire for money managers to start cashing in some profits since the long run that started September 3. Today we saw the markets retreat again and add to Tuesdays losses to the tune of another percentage point. The International fund actually had a very small gain, but the rest decreased from 6/10’s to 1.2% further south.
The above numbers are just 2 days accumulated losses this week. Wowsers! Monthly and Yearly, we still have a very nice gain.
Above in order we have the S&P500, Small Cap, International fund and Bond fund. I wrote comments on all the charts but I’ll give you a quick briefing. The S&P500 and Small Cap unless the market move is up 1.5.% or greater tomorrow, it is going to be hard for me to justifying staying in. The international fund was up today and I may give a little more room to. If I do any bailing, I will be bailing into the F-fund or bonds which to me look to be breaking out into a new trend. Refer to all the charts above for clarification.
I will post sometime tomorrow between 11:20 and 11:30am on my intentions.
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