Saturday, August 31, 2013

8 Reasons This Sell-Off Is More Than Your Average Correction - Seeking Alpha

8 Reasons This Sell-Off Is More Than Your Average Correction - Seeking Alpha

This is an excellent article giving significant reasons for why we are at a stock market top.  I prefer to look at economic indicators before going fully defensive, and we are not currently in danger there yet.  However, I have built a significant position in TLT, the 20+ year treasury bond ETF in case something goes wrong.  If the Chicago Fed CFNAI (national economic activity index) reading goes below -1.00, it will be time to go completely defensive on stocks.
 

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