Some examples below:
- S&P 500 at almost a year high.
So again, this begs the question of what to do. While indicators still favor a pull back, the market has been successfully resisting that move. At this point, one has to decide which is more important: 1) Preventing downside or 2) Missing possible upside. If preventing downside is more important (after all you can always buy back in at any time) I would recommend a shift to cash/bonds. If you want to stay exposed for any possible upturns, keep your positions long but watch carefully with stop loss orders and/or hedge with some options. With this market, volatility comes quick and fast.