July 3, 2010

The table has been updated. Reversals have got below Sell.

Market continued its move down, so ALL equity funds remain on Sell while we hold Bonds.

Notice that reversal points also came down this week for all funds (except for MS International MSIQX that did not change much over the last 7 weeks) and now stand at or below the last sell points for most of the funds. In other words, when the market goes up we will be buying back the funds for less than we have sold thus locking at least some profit. This is the goal of following the model - staying in cash when market drops significantly.

No comments:

Post a Comment