Current market status: Healthy
Today's Signal: Sell/Short (yet again)
QE2 is wiping the floor w/ my system. My system is tuned for trending, but requires at least a small amount of choppiness. Thrusts in any one direction can be a killer. Once all this exuberance dies down next week, hopefully it will come back into line. I'll post some stats this weekend on how this equity draw down compares to others in the past. A tidbit of hope... A co-worker who is notorious for selling bottoms and buying tops just bought into stocks today w/ his retirement account.