6/9/2008 7:23:37 AM
It is really king?
Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.
That saying is thrown around a lot - cash is king. Right now, given the jump in volume and the drop in the SPY, one could all agree with the saying.
I got a comment in an email stating that I have been so bullish and complacent recently, why change now. While there is some interpretation involved with my indicators, those indicators make up the 1-2-3 PLUS Alert system that I use to make the moves I make. If they are going up, we're bullish. If they are going down, we take some of the bullishness away until we are fully in cash before adding any bearish positions.
With that being said, I go back to that saying - cash is king.
Remove all bullish positions (see new weighting below).
Current Weighting Suggestion:
3/3 in CASH mode
You can email me with any questions at firstname.lastname@example.org.
Have a great week!