Make that 3

Wednesday we saw the 3rd Distribution day since the follow-through on February 14th.  The nature of it was a bit unsettling too as the market had wandered up and down a bit before sellers took hold in the final hour and got rid of stocks heavily.

Clearly there is a taste for selling whenever the indexes poke above the 50 day moving average. 

The QQQs did better than IVV or HDV in our group of ETFs.

For now we're holding on to our positions but watching warily.