Tuesday, November 13, 2012

Almost a green light

Flirting with the green light

Today's market action was a neck-breaker.  First there were dramatically low futures, then a lower opening only to be followed by a huge rally, followed by a huge decline.  It reminded me of a kick off returner that runs 75 yards side to side, but never really makes any forward progress.  The RumWave is now in the "green light" territory, but I'm not ready to give the all clear.  There may be a couple more days of weakness.  However, I did enter a small cap trade near the close today.  It is still in the "gambling" category, not a RumWave buy.

 TSP:  G fund, but we will move into the C and S fund in short time.


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