Can there be any doubt about the '08 elections? 

Charts and tables up. There's big stuff going to start appearing here starting this week. I'll start with a new approach to running the 401a when things get volatile. We had a big hiccup in May and a very solid and unwavering run up into year's end starting in July. There is every reason for investors to lock in profits if they get spooked and there are a lot of reasons they may get spooked. Read the papers. Also realize that they need to cash out of current positions to buy new ones. Even if things go OK, once enough people start to lock in profits, it can get ugly and precipitous. Been there done that.
Check out the chart. Looks like at least a short term top and like things are starting to roll over to me. I've got something to protect.

I moved six of seven positions to almost all cash or all cash. I've only stayed with one heavily invested position. I'm locked out from reinvesting in five funds for 30 days as per the rapid trading rules. Did I do the right thing? I dunno.... Do I know what to do if it was the right thing to do? Yup. Do I know what to do if it was the wrong thing to do? Yup. Stay tuned and we'll all find out what the future brings. Check here this upcoming week.....


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