Well, as usual .... when I am in the market I want to exit, when I am out I want to get in... lol... But I am in 30% right now, and for me it is a happy medium. Deciding if I want to exit and then just have one entry in December later in month (after early to mid-month seasonal weakness if that happens), OR add to equities on Friday or early next week???
The Charts look good, Stochastics all above 80 so one could say price is high... but I've been thinking that all year and it continues upward. Bottom line is that MACD is positive and moving up, Price is above the Bollinger Band mid-point, EMAs all sloped up, and Stochastics above 80. Charts look Excellent!!!
I would say it could all end next week with Government failing to pass something to keep the Government running past next Friday (8th) , or a few rogue GOP Senators saying something to freak everyone out about the tax plan, or someone indicating that inflation is going to rise, or little Rocket man shooting off another missile, etc. Lots to fear, but yet the revised GDP for last month was revised upward to ... was it 3.3%?? Nice!!!
I dunno... I think I am going to stay in at present level, which I am very comfortable with and just let it ride for now.
Maybe this evening and into early next week, I will think about increasing equities a bit, but IF I do, it would be limited to what I feel comfortable with to keep in for all of December regardless of any possible pull back. So maybe I add another 20% or 30% to go to total equities of 50-60%?? ...and maybe reallocate among the 3 TSP equities. Then I would still have one more IFT to get in on a pull back or just before the Santa Rally! Will see.....
Best Wishes to Everyone on Your Investments!!!!!!!!!! :smile: