Discuss Market Comments 01/04/11

Nice start - 2011 gets off to a great start as we saw a sharp breakout above the recent tight trading range. The Dow gained 93-points and the other major indices all saw gains of between 1% and 2%...

Market Commentary for 1/04/11

Current Daily Market Commentary

 

[divivinc]

Do you think it would be best to jump out to F or to G when the time comes? Sitting 80% S 20% C right now.

 

[tsptalk]

It depends on so may things. Selling here and missing a big rally seems silly considerng the trend is strong and moving up. But if the indicators are right and we get that 5% to 10% pullback, it is nice to be sitting with cash (or bonds) to buy.

So, if you are more of a "play the trend" investor. You'd wait. A timer might make the move here. But don't forget that the timers have been wrong for quite a while now.

 

[wvango]

If we are on the sidelines, in the G fund. Should we jump in or wait for the nex signal?

 

[tsptalk]

Next signal? Do you mean the sentiment survey?

Every situation is different but it isn't recommended that you act between signals (based on the system, or most systems for that matter).

 

[wvango]

Thanks..That answers it.