Replies to post #5463 on MMCLUB

[capgain]

denmo, now i feel better about my feeling that the NAZ is in trouble and my decision to be all cash except for a couple of mining stocks.

cap.

[denmo83]

Back in, 100% long!

Sweet!

Since my exit on Feb.20th,

the Dow dropped 516 points

the Nasdaq dropped 99 points

and the S&P 500 dropped 40 points.

All in at today's close with a 25% allocation each to PQNAX, PTAAX, RYLPX and VERDX.

I'm only looking for a nice bounce due to the positive divergence on both the 30 minute and 60 minute charts. The daily candle also dropped out the bottom of the bollinger bands. Wednesday is a turn date, but keep in mind those turn dates are +/- a day so maybe we turn tomorrow. Either way, the market dropped 4.5% without me.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345695

The denmo6 remains on the sell signal, therefore my attitude is quite different than when it's on the buy signal. I'm going in and I need to get out ASAP. Odds favor the downside so I'll need to be swift. I'm not supposed to be in according to the denmo6.