If the 30 week average curves down, it could signal the BEGINNING of a major down-trend. That signal got me out of all large declines since 2000. I refuse to put my $$$ at risk. I do not mind buying back higher if/when the trend turns up. I cannot tolerate a major drawdown in my retirement accounts. Younger people can hold on with the belief that the market always comes back. After the 1929 top, the Dow took 25 years to come back. I can’t wait a long time for my account to recover. The market is severely oversold now, however, so we may see a quick short term bounce. Note the above average trading volume on the recent weekly declines.
