Tuesday, October 23, 2012

Bailing is approved

Unfortunatley, all my signals for bailing out of the S&P500 have been met, so bailing is approved. The Small Cap and International Index are currently safe but it is so close to bailing status that I would understand pulling the chute. The real question is what will I actually do? Well we are extremely oversold at the moment on the S&P and Small Cap. The International not so much. My personal stocks actually went up in value today by almost 1% which is extremly unusaul. 

So tomorrow I will watch the markets and if we are tanking in the 11- 11:45 time area, I will likely just go 100% safe in the G. Right now at 9:45 pm or 21:45 the futures are pointing to a plus opening in the morning but a lot can change between now and then. 

I hate this time in the markets, but it is part of the game. Hoping for a plus day tomorrow. 

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