Reduced from 100% exposure to 40% exposure COB today. I have made up almost all of my losses from the early March debacle. I just feel like I've pushed being at 100% exposure long enough (almost 30 days at that level is long for me) My reasoning to hedge toward safety is the head and shoulders pattern on the S fund and the inability for the C fund to make any progress (even though it looks like a bull flag forming). The weekly's are stretched too. TNX and VIX are both creeping up again. Also I think the market is looking for an excuse to go down and I think the theatrics with FOMC today will give them the excuse. Reasons for staying in 40% are because I do see that bull flag forming on the C fund, transports, copper, and lumber have been doing well too. If it goes up and resumes a trend higher, great. I can get back in more in a few days. And lastly, we all know the big guns watch what we do in our TSP's and move the opposite way whenever we make a move. lol Good luck everyone!
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