Today was the end of October, numbers ended spooky!

Well so much for October following the averages. Seven out of last ten Octobers have been up months but you can now change that stat to seven out of eleven. Lot’s of Red up there on that chart in the monthly column but there is also a lot of green in the YTD column. So the short term view stinks, but the long term looks pretty damn good. So I guess it’s your point of view at the time you look at it. Just take a look at October 2011. YTD was actually down and would have been double digit down if the month October 2011 wasn’t so killer with a 10% plus gain. So the point here is simple, we have had a very nice year so this one month doesn’t spoil that fact. We just need to monitor it really closely and try to preserve our profit.

Let’s cover the levels again. If the S&P500 closes below $1406, then the next day we bail unless price rush’s back through $1406 by 11:45am.

If the Small Cap closes below $697, the same as above, except it’s the Small Cap number.

If the International Index closes below $52.71, same as above.

Now let me tell you this, if I bail from the S&P500 / C-fund, I will bail from the Small Cap / S-fund no matter the Small Cap numbers. Not so much with the I fund, if I bail from that one, I bail from that fund by itself. Tomorrow futures as of 10pm look grim. We are down almost 9 points. Tomorrow will be interesting as will the next few days.

Closing this post, there was a bright spot in todays market. The Small Cap was up over a half of a percent. Here’s hoping November is better than October.