The New CS Board

[ahimsak]

I closed all my long positions last week, too early as usual.

I can make a good case for us going back to spx 1470, or for why it is time to sell now.

Not taking any risk for now, wish I had kept my long positions in gld, as it is the one asset class that could do well for awhile.

bottom line: Economy looks like it will limp along into next spring and then turn down hard and fast, with the market going along for the fall. I hope to god I am wrong.

21dma and 50dma still falling and will most like keep doing so - bearish

200dma still rising - bullish

21dma for vix falling- bullish

10dma for AD numbers getting to extreme levels, but need another couple good days to get a solid sell.

Full moon madness coming.