Another day and my concerns are rising.

Well two days in a row Bonds are rising which means to me that some big investors out there are taking some of their monies out of stocks and rolling into Bonds for safety. Another index that I didn’t mention yesterday was Gold and it also is starting to rise and this could also be a sign that smart money is moving out of stocks.

Now if you take all that information out of the equation and just look directly at the S&P500, Small Cap, Nasdaq, Dow30, and Transportations, you see no reason to be concerned because none of the indexes look to be slowing down. Even the European Index is breaking the downtrend line and may soon fire a buy. Another good indicator that things are about to get screwy is when all my long stock positions begin to get stop out in order to protect capitol. I currently own 7 different stocks and have not been bounced out of anything yet. Lot’s of stuff to think about.

So once again, at this point of the show I will just keep watching my indexes waiting for sign of weakness. You just never know, if there are enough people out there shorting the market and price keeps climbing, they will have to buy back their positions in order not to get creamed. This would also drive prices higher. I just keep telling myself, turn off the news, turn off the news. Read your charts.