Gary Smith (not the Fox guy) that used to post on the earlier board and who wrote, 'How I Trade for a Living', described True Selling Days as when all the major indices are down more than 1%. We had one on Jan 14 and another one on the 2nd. These were metrics that he used to start selling. I noted the first, but only started buying some Inflation Protected bonds. Ever since I have been further easing back on equity exposure.
I am not suggesting that anyone do as I am doing, we're in difference spaces with different goals and objectives. That said, I don't like anything about this market at this time.
and so it goes,