Gold and Silver

The precious metal beat down continues.
SLV under $29
GLD $156
FCX $35
GDX at $42
GDXJ my goodness at $20

It is time to buy them or depending on your time frame perhaps start to accumulate.

6 straight weeks of market rally

This rally might have a few more weeks left at most.  I don't short stocks and if I did I wouldn't be doing it now.  What traders should be doing however is moving to 100% cash at this time.

Been Awhile Since I posted

My general view on the markets is bearish.  Tech is holding up however.  If I were an intermediate term investor say 6 months to 3 years I'd likely use the following allocation:
20% cash or more to put to work at good buying points
25% High dividend stocks
25% Precious metals and miners
25% High growth technology such as Apple, Goog, etc..
5% short U.S. indices

Shorter term I'd likely be 80 to 90% cash

Longer term over 3 years I'd cross out the short above and the cash:
25% High dividend payors
15% Pms and miners
25% High growth technology
25% oil, alt. energy, and biotech
25% Emerging markets and multinationals

New Longs

Long:  CORN mid term
Long:  SDY  mid term

Long:  FAS swing, stop $25.98

All Cash

I'm 100% cash now.  Bernanke is going to end the stimulus, the dollar will bounce, and stocks should sell off.

It wasn't sell in March and walk away.  However, I'm selling in almost May and walking away. 

Crazy market we have!  Good luck if you are still long.

Bumpy Market Ahead

I think we have entered a period where stocks will generally underperform PMs and commodities.  I think this period will last the rest of the year for the most part.  I still have a few PM and miner holdings but I am well positioned in cash for now.  I don't plan on navigating this turbulence through the summer months.  If PMs spike upward again, I will sell them off to be 100% cash.  Sell in may and walk away?  Sell in March and walk away.  Buy again later--like Sept.-Oct. maybe.

I'll be in touch.

T

It is about time to move to 100% Cash

The market is about to pull back.  This could last a few months.  Expect a decent sized pull back in the neighborhood of 6%+ within the next 3 months.

Slowly moving to cash

T