I took some profits today on the expected upswing. Sold half of what I had in the markets. At COB today my account will be 80% G, 5% F, 11% C, 1% S and 3% I. (I have 1% in each of the Lifestyle Funds so I can better practice Squale's <1% IFT idea, but for the sake of simplicity I have included them in the breakouts of their actual investment funds.)
I'm keeping 5% in F, and I wasn't sure about that decision, but I was kind of glad after Ira said he wasn't going to call a top in the bonds today during his mid-morning report. I'm not sure how long I will leave any in F though.
Today my subscriber services are telling me to stop selling the equity fund rallys, and start buying the dips. So that is what I intend to do for the next little while. I have one more IFT to buy in before I have to resort to the <1% stuff for the rest of the month.
But I'm not going to relax and think we're past the scary stuff. I don't know if this is a trend reversal or a bull trap! So I'll keep paying attention. Good luck to us all!
Lady