Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Market Update, 3-25

|Includes:DIA, DOG, SPA, SPDR S&P 500 Trust ETF (SPY)

      Today the market see-sawed. Although the uptrend is still in place, it looks very close to an end. To give a sense of perspective, if you had bought this uptrend on the daily stochastic crossover [34, %K 8, %D 13], you would have entered on 2-17, a week after this uptrend started, and cashed in on roughly 80% of the uptrend. Pretty good eh? Want to make that extra 20%? Well, the market is closing in on a stochastic crossover downwards. I plan to watch this closely and possibly buy an inverse ETF to cash in on it. We will have to wait and see. Currently I am holding 45% of my portfolio in cash waiting to short this upcoming downtrend. I am being patient however, because this uptrend could continue through the end of the week and into next, there is no specific point at which it will definitely end. The word I have heard time and again over the last few months from very experienced traders is "nimble." It will be very important to stay nimble in the current high-volatility market. Speaking of volatility, the Volatility index went up nearly 5% today; the single biggest up day since this uptrend in the market began. Something to watch. Stay nimble, but don't trade away good companies. At least that's what I'm planning on doing.

Happy Investing,


Disclosure: No positions
Stocks: SPY, DIA, DOG, SPA