Monday, February 28, 2011

100% in the C Fund - 1325 on the S&P 500 Index

The market is going up, not down.
The most bullish thing a market can do is go up when it should go down. Today should have been a Short Sell Day. On a Short Sell Day, the day should end low. The market's decline for the day stopped @ 1320. Also, the first of the month has been bullish as of late. March 1 should be an up day to reflect a new infusion of cash from the public. Finally, a bull flag pattern on a 15-minute chart is about to resolve upwards.

For these reasons, I am 100% in the C Fund as of 1325 on the Standard & Poor's 500 Index.

Don't fight the trend.

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