I publish this blog to just share with readers what I am doing. I have managed to avoid all major declines since 2000. I would tell my students that if they were crossing the street and saw a car coming towards them at full speed, they should not argue with the truck or assume the driver will stop. They should get the hell out of the way. That is what we have to do with the market. When my indicators turn down, I get out and wait for things to turn up. All my indicators are now negative but the 30 week average has yet to turn down. That will signal to me the BEGINNING of a Stage 4 decline and has in the past led me to exit safely before major market declines. I am deeply saddened for persons, especially retiring boomers, who are seeing their hard earned savings evaporate.
The major indexes are in daily BWR down-trends. A picture is worth a thousand words.
Thank you!