Friday, July 1, 2011

Moving 100% back from SPX and ACWX to Stable funds

My IT Target for RUT is 870 and/or SPX is 1375. RUT, OEX is ST over bought right now. I expect RUT to test back to 800. So, I will be moving back 50% of my 401k from SPX fund back to Stable fund. Rest 50% will stay in International fund but ACWX will enter overbought ST area soon if market goes up on Tuesday as well.

I had gone 100% long in my 401-k on June 6th per my post: http://greedangerignorance.blogspot.com/2011/06/spx-dji-comp-and-rut-upside-targets.html when SPX closed that day at 1286

EDIT: SPX should test back 1295 area.

EDIT: Moved 100% back in to stable fund because even ACWX entered ST overbought area.