Is it time to be prepared? Yes!


Long-term support remains in place (See middle chart in this post)  Do be prepared/have a game plan if short-trem overhead resistance is taken out!

Game Plan…Will follow breakout if it happens.  From the long side right now, am owner of PFF and the high yield funds currently. Should a breakout happen, will reduced these holdings and follow the breakout in a more aggressive way.  Am collecting a nice income stream by owning PFF/High yield funds until prices prove themselves.

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