Monday saw selling on higher volume, aka distribution. While that is never a welcome sign to those of us who are fully invested, the number of recent days of distribution are still quite low.
But, we look at the nearly vertical charts since January 1st and believe that the signs of correction are growing.
We are moving to a 75/25 mix today; staying invested but raising cash to 25% of our mix. In our case the 25% will come from QQQ's mainly as the NASDAQ has gotten pretty frothy.
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