Tuesday, May 7, 2013

Bonds fired an official sell signal

agg

Last Friday price fell below the CBL and uptrend line to fire two warnings in one day. Today, Monday, a sell signal has been fired because price continued down and closed below the 50 day moving average. So, unless price rises in the morning to a point at or above $110.94 by 11:30am, bailing out of bonds is official.

I have no monies in Bonds, so no move will be made by me, but at least consider going to G instead of risking money here. My distribution will remain the same.

TSP Distribution:  C-fund 50%, S-fund 25%, I-fund 25%

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