1.A Sell Recommendation Today: My recommendation is that we close our long positions and go to cash today if you have not already done so. This is a really tough call, as there are so many things still positive, such as our Super Accelerator remaining in an up condition. So, higher risk investors can try to push it further or reduce their exposure. For everyone else, I recommend closing your positions today. I am not going to try and tweak the best exit point today by posting intra-day updates. The U.S./China currency war has a piece in my decision. I have heard from a good source that the fight could really escalate this weekend and that could have a negative cloud on Monday. I know that this could turn out to be an unsatisfactory call, but I do feel that the downside risk is much higher than the upside potential at this moment. |