LM and TAQK Update..11.7.12

Here's this week's update of the tactical allocation LM and TAQK models;  These updates were run as of the 11.6 close and do not reflect this morning negative reaction to the election results.  The looming fiscal cliff mentioned yesterday is now the hot topic for the day and will likely remain so until the last minute when at least a temporary fix can be approved.

The TrendX signal in both models is improving..a good first sign for a return to a vested position, but for now the RM versions are firmly in cash.   The Pending date on the TAQK model should be 11.30.12....the same as the LM model states.

Although GLD has been getting hit lately...as reflected in its low ranking slot...it does manage to pull off occasional spectacular rallies that give the LM model a bit more volatility than the straight bond/equity portfolio of TAQK.

TLT is up almost 2% today...a huge move for our primary bond ETF that has been lagging performance over the last month as money has flowed to equities betting on QE3 stimulus.

With the DOW currently down over 200 points and APPLE -2.5% and falling this could be a washout day so cash is definitely the safe path here.