Due to a break of rising support,  harvested 50% of the high yield funds on 11/17 at (2), in the chart below. (see post here).   See update on these high yield funds below.


Bought the high yield funds on a break above the 50-ema at (1). Harvested half the positions on a break of support at (2) and am now harvesting the remainder of positions due to a break below the 50-ema.

Will be interesting to see if these funds find support at the April highs.  Since 11/5, these funds have declined more than the 500 Index.  In the past, this has not been a good sign for equities.  Some day the high yields will break back above the 50-ema, when they do I will repurchase!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past