Thursday, November 7, 2013

Safety of CASH pays Off...11.7.13

Following yesterday's lament about missing the big upside break due to our CASH status, the model redeemed itself today avoiding the market wide swoon to the downside.
Lacking a positive confirmation to yesterday's modest bullish indication all signals are now distinctly negative and supportive of the current CASH mode.

As mentioned previously SHY (short term bonds) is essentially the same as cash so its current ranking in the #1 slot is a strong argument for cash.

Here's the VIXEN Update: