Tuesday, September 01, 2015

Market Bots on the threshold of shorting the market

My old Market Bots just moved the "internal price forces number" down to 1.8 out of 10.  That's the lowest reading in ten years - lower even than it ever reached in the 2007-2009 bear market.  The long-term trend and investment stance are still positive and bullish, respectively, but it's close to switching.  If the internal number drops below 1.0 then the bots will turn bearish on the S&P 500 Index regardless of the price trend.

Reminder: I'm mostly in cash (Money Market) with a dash of real estate and longer-term bonds.  I anticipate my next investment moves will be, in no particular order: (1) going bearish on the dollar with UDN, (2) going bullish on gold with GLD, and (3) buying foreign stocks and bonds with up to a dozen ETFs.

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