Thursday, January 13, 2011

Market in up trend

The markets keep raising at a slow pace.  My market internals are saying we are getting in the range where the market corrects.  How much I do not predict.  Will I go short when the next sell signal comes, Yes I will.  I follow my system.  I do this with a position of my account money and it is up to each investor as to how much to risk.  My system has what I call "go to cash" signal also and that is for the long term positions to be sold.  It is not an exciting system I have with all the waiting for days or weeks and some times months between trades.  Does it work?  Yes.  The next sell signal I will sell my long ETFs and buy QID.

Happy Waiting
Ben

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