Quote:
Originally Posted by highnote
Nope. I meant what I wrote. I am on the sidelines with 50% cash in most of my accounts. If SP gets to 2852 it will still be well below its recent high.
To be honest, I use the Value Line Arithmatic Index because it is a little more sensitive than the SP, but SP is correlated with VL and SP is more well-known. So for paceadvantage purposes it is simpler to talk about the SP and its more easily understood.
Additionally, I use other indicators, but the SP and VL give off buy and sell signals most frequently.
Based on the major momentum buy signal I got in December I am still bullish. This trump noise with the tariffs will blow over eventually and the market should resume its upward trajectory, in my opinion.
I captured a lot of value from December until May and hope to do so when the trend reverses. In the meantime, no point in pissing into the wind.
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great call, keep up the good work
