For long term market timing, we are likely in a complex market top. Now we are seeing clear divergence on index and T2108. So 100% cash in current allocation (actually move 100% into monetary mutual fund).
[Anticipation List Event- from last Wen to this Tues]
09/03/2014 - 09/09/2014, one issue is no follow through. You can see general market perform similar, one up day followed by one down day. Unless it has an immediate catalyst, setups are not likely to work. The other issue, we start seeing lots of break downs. The setup behavior confirms we are at a complex topping and fast selling may happen very soon. See detail list as below:
Some stock b/o and move as momentum burst - the big winner (20%-30% in normal market condition)
(1) MFRM
Some stocks b/o then side way move - wash trade or scratch trade (30%-40% of the trading)
(1) TREX
Some stocks b/o then fade - may hit or half hit the stop loss (30%-40% of the trading, loss need to be well controlled)
(1) AMED
(2) DHX
(3) MAS
(4) ALJ
(5) JRJC
Some stocks break down - you will not be affected if trade b/o, but will be stop out if real anticipation
(1) BLT
(2) EMC
(3) LPNT
(4) SLXP
(5) TSRA
(6) MWA
(7) ADT
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