Early Warning System

I was just telling my wife the other day: “hey look at my breadth indicator. The market is going up but the indicator has turned red. Things are looking dicey.” Sure enough, it has acted as an early warning system.

I use this to time my long-term investments. Unfortunately, the recent market turmoil has bitten my short-term trading too. It sucks when you get stung on the long AND the short end. Oh well, it’s only temporary…