IBD says put/call ratio Monday was 1.24. Bounces usually come from this level. I am mainly in cash in my trading accounts. I forgot to post this table on Sunday night:
But this is history. The GMI is now 1 (revised after IBD released mutual fund index) and another day below 3 will signal a Sell.
2 thoughts on “Bounce coming? In cash.”
Thanks for posting the GMI Table, Dr. Wish.
Dr Wish, are you cash in your retirement accounts??