Anticipating a dead-cat bounce today (Wednesday, November 17th), hence I have placed an order at http://www.tsp.gov/ to move all my account monies to CASH.
Please go to http://greekgodtrading.blogspot.com/ to review rationale on the present market climate and why I am taking this action. Basically, my primary indicator, the GGT Long-Cash Ratio (LCR), has been heading down for 4 days solid and the Elder 13d Force Index simply confirmed the action.
Here's the composite chart using the 3-ETF/3-Fund equal-weighting approach:
If anything on the chart above is not clear, specifically why this chart is breaking down, then please post a note below and I'll respond for all to review.
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Remember, you are responsible for your own trading decisions, not me. Please do your diligence and take ownership for your actions.
Regards,
pgd
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