So I have been sitting on the sidelines for a month now, patiently waiting for a pullback to jump back in. But as luck would have it the market continues to inch higher and keeps setting record after record. RSI is in the high 60's or low 70's meaning the market is way overbought. In the past I would ignore RSI and would usually get into the market just in time for the pullback, giving back most of my hard earned gains in a matter of days.
So I remain in the G Fund, patiently waiting for an opportunity to jump back in. I guess the silver lining in all this is that 5 of the top 10 earners this year (the folks in the 20's and 30's) are 100% G Fund and the person in 10th place still has 40% in the G Fund.
As for my crystal ball, it is telling me to avoid C, S and I. The F Fund seems to be coming around and may be a place to throw a little coin, but I will need a few more days of data before deciding.
Good luck everyone!!!
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