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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (83278)	6/27/2013 10:41:18 AM
From: Turtles_win	Read Replies (1) \| Respond to of 206840

Watch the Russell 2000 level of 1000. I think that is key. DJIA up again strong today. However, yesterday, the R2K only when up 1/3% or so. Today R2K is up to 972, still over 3% away from the key level. The last 3 days certainly SEEMS like a renewal of the uptrend, but my guess it is slams back down once it gets back to R2K 1000 or before. I'm flat right now and looking to re-enter. I have been flat for a couple of weeks. Exited on the day R2K hit and closed at 999.99. I'm usually long over the last 4 years, but attempt to avoid the bigger short term hits. I am not short, just 100% in cash. When I go back in, I'll go back in 100% in small stocks. Of course this is at least partial insanity, attempting to perfectly time. I would not recommend it for most because it is almost always upsetting. But you get used to only partial success. The main thing is to avoid the big prolonged hits. I do think Chief is right though longer term, that the markets will have huge upside. So I need to mostly be long.