that subject has been discussed ad nauseam torvix, you've
probably just skipped out on newsletters. Especially when I
do the weekend newsletters. I will discuss once again today,
however I don't see you as one who would care so much about a slow
monthly system like that really.
One of them I recall was in
Jan 31 newsletter, In Jan when the SPX rallied to 1940, I said, now that the SPX
has rallied nearly 130 points off the lows, for those of you
following that 401K system, instead of waiting for that to go on a
sell signal, why not use this 130 point rally off the lows to start
exiting longer term positions? I said that in the newsletter.
Open that newsletter and listen to what I said
otherwise I will discuss today, assuming last week's lows put in
some sort of primary wave A of the bear market and we see a primary
wave B bounce that typically retraces 50% - 62%, I will likely move
the system to cash on that bounce because right now the system
won't turn red until price closes below the Jan low and last week's
low on a closing monthly basis. Why wait for that, best to
use a good rally to get out at better prices.
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that subject has been discussed
401k Long term system
Posted by matt on 15th of Feb 2016 at 10:42 am
that subject has been discussed ad nauseam torvix, you've probably just skipped out on newsletters. Especially when I do the weekend newsletters. I will discuss once again today, however I don't see you as one who would care so much about a slow monthly system like that really.
One of them I recall was in Jan 31 newsletter , In Jan when the SPX rallied to 1940, I said, now that the SPX has rallied nearly 130 points off the lows, for those of you following that 401K system, instead of waiting for that to go on a sell signal, why not use this 130 point rally off the lows to start exiting longer term positions? I said that in the newsletter. Open that newsletter and listen to what I said
otherwise I will discuss today, assuming last week's lows put in some sort of primary wave A of the bear market and we see a primary wave B bounce that typically retraces 50% - 62%, I will likely move the system to cash on that bounce because right now the system won't turn red until price closes below the Jan low and last week's low on a closing monthly basis. Why wait for that, best to use a good rally to get out at better prices.