As of yesterday, July 26th, we have started an uptrend as defined by the TSP trending system. (The faster moving average has risen above the slower one.)
Technically, the system waits for a pullback to the 13MA (green) line before kicking off a buy signal, but like we saw in March 2010, that pullback may not come as these rallies have a tendency of leaving latecomers in the dust.
<---March 2010
So, going 50% into C or S makes some sense right now, then waiting for a pullback to put the other 50 in.
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