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I'm all in cash

Topic: Stock Price Movements — Technical Analysis
Nov. 14 2015, 10:30 AM ET - by VF member vanmeerten (903 gold star (click for information on feedback))

I'm all in cash --

On a stoke of luck I went all in cash early Friday. In all my personal accounts, IRAs and 401Ks - everything. Early in the morning I noticed on Barchart that ALL daily moving averages 20/50/100/150 and 200 - all had more than 50% of the stocks trading below all their various moving averages. Somehow I thought it was a good time to be on the side lines and I punched the SELL button on all my accounts.

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I'm all in cash