I opted to drop to 100% long so as to pace the markets. Everyone is so overwhelmingly bearish that I wouldn't be suprised to see a relief day tomorrow.
But when I hear about Rita taking even more energy infrastructure off line for an indeterminate period, I would think that this may launch a mini Bear market.
NYMO at -57, my patented "SPYMO" is at -68, but SPYMO can do -100 at intermediate bottoms.
Two of my 3 models have crossed into Bear mode, and RAIM actually drops in deployment to 167% :