The T2108 has fallen to single digits. I have always found that I should have held my breath and bought anytime it has fallen below 10%. While on vacation last week I went 95% to cash in all trading accounts. I will wait for the dust to settle to determine my future moves. My short term QQQ trend indicator is in the 9th day of a down-trend. Maybe I was too quick to stop posting that indicator. It had whipsawed so many times recently. I estimate that the GMI would have flashed a Sell signal last Thursday or Friday.
IN SPITE OF ALL OF THE PROGNOSTICATIONS OF THE CNBC PUNDITS, NO ONE KNOWS HOW OR WHEN THIS DECLINE WILL END. WE MUST BE CAREFUL AND PROTECT OUR MONEY.