Tuesday, April 16, 2013

Whipsaw - Moving Back to Cash

I'm on travel so I will be brief.

My GGT model has indicated a whipsaw with the 4/11 signal to move long, effectively reversing any move to the long side. I continue to raise cash and ignore all "New Long" signals that are occurring in equities.  Now is not the time to be opportunistic, as the tide is clearly turning despite earnings season.

Remember, you are responsible for your own decisions, and I am not.  Please do your diligence, and please take ownership for your actions.