7-26-10 Indicator Status Update
Major Market Timing Indicator #2 remains on “UP”.
The publisher is looking for a small pull back or other opportunity to further move from cash to stock fund holdings. The publisher’s holdings are currently 60% stock funds, 40% cash. I will send an e-mail alert when I change my holdings.
Effective immediately, the “Stop level” for Major Market Timing Indicator #2 is increased to S&P 500 1089. A close of the S&P 500 below 1089 will likely trigger an exit of all stock fund positions.
