Falling off a cliff.....
2018 10 13 Saturday
(pic: Oliver Bruchez (via Flickr)
I have a new signal - to exit the stock market!
This last week my shares investment closed below the green line. This, to me, is a SELL signal. So on Monday I shall be selling this investment and turning it into cash.
I am now in cash in everything except bonds, which I always remain invested in, as they do not vary much in price.
Is this the start of a big slide in the price of equities? Or will it all bounce up again next week? I have no idea, I'm just doing what my system tells me to. I do not want to be hanging onto an investment that is falling off a cliff!