Subject: Re: Ot scaling back stocks
I am scaling back from 70-30 to 60-40

Argh. IMHO, 70-30 is already scaled pretty far down.
And there's no real difference between 70-30 and 60-40. That's just a teeny step.


I recently made a (more-or-less) follow-up post on the MI board.
Where I quoted Ken Fisher: "IF YOU DON’T HAVE A GOOD REASON TO BE BEARISH, YOU SHOULD BE BULLISH."

I don't think that deciding to scale back (or up) should be an emotional decision.
Go by data, not gut.

Currently, the S&P500 SMA indicator & other timing signals say to be invested.
I am close to 99-1. When my signal says to sell, I'll be going to more like 10-90, no baby steps.