You know I don't like to buy stocks any time the S&P proprietary oscillator is above five and Monday night, after still one more up day, it clocked in at 6%.
That means we are pretty much done buying for the trust, Action Alerts PLUS, because you can't trust a plus 6 market.
It's annoying to be disciplined when the market opens down big and you see some opportunities, but you have to pass if you are a student of history because the odds no longer favor gains.
To me it is a good situation to sit on your hands and wait things out until the oscillator drops.
So, we are playing wait and see.