Replies to post #134 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

You may be right. This time may not be a V bottom like the past several. If it is, I will look to get out in 30+ days with a profit. If not, I will reassess.

If this turns out not to be a V bottom, the healthcare sector may cease to be my preferred swing trade fund too.

Thanks again for updating your rotational chart 2-3 times a month.

GLTY

[No-Quarter]

It's looking like you were correct. This pattern is not a repeat of the familiar V bottom of the past few.

Monday 21 SEPT I surpass the 30 day hold period to avoid the Fidelity penalty. I will be watching for an exit point. Once out, I will wait for the market to become more favorable for swing trading, possible in the 4th quarter.

Here is a link to an article I found interesting, by an author I follow. It suggests one more strong market drop is expected later this year. A 'bear shake'.

http://www.marketwatch.com/story/action-suggests-1700-on-the-sp-more-likely-than-not-2015-09-08