Still mainly in cash with a few longs. I am watching a possible head and shoulders top formation in the QQQ weekly chart. I will exit all if the QQQ closes back below 10 week average (blue dotted line). Click on weekly chart to enlarge.
Tuesday was 9th day of QQQ short term up-trend
It looks like the debt raising crisis is over. So, with my market indicators largely positive, I am going to tiptoe back into this market.
QQQ short term up-trend still intact
But at least my university pension is largely in cash right now. I can sleep a little better.