It would be nice, but right now, to maintain a mildly bullish stance we should not make a new low and close the week in the 1965 to 2015 range, closing above 2007 would be very nice, provided that the RSI does not blow up and the P/C equity ratio does not drop under about .40. There are other "things that would be nice, like not exceeding about 85 new lows on the Naz and having few days of more new highs than new lows. I can't list everything on my wish list, and I have no great assurance that I'll get my wishes, thus my raising cash a little to around 25%, mostly through profit taking, though few losses were taken as well, like the bu$$. The sox is really the weak link here, weaker than I expected.
