6-8-2011 Market Indicator Change Alert Update
The S&P 500 did not break the trigger level today, a new “UP” indicator was not triggered. The potential for an indicator change continues, with an updated S&P 500 trigger level. The Major Market Timing Indicator #2 will change to UP with an intraday break over S&P 500 1288 on Thursday 6/9/11. In other words, if the S&P 500 high for the day is over 1288.00, the indicator will change to “UP”. The publisher will re-allocate part of his holdings to aggressive funds just before the market close on Thursday if the indicator changes; the new publisher allocation will be 50% aggressive funds, 50% Bond fund (TIPs, or treasury inflation protected securities).
A new post will appear here Thursday night by 10:30PM Eastern time with an update – please check back.
