for now sell tlt and stay cash

Things may oscillate every 1 -2 weeks but I still believe a re-entry to TLT is possible in a few days!

1) TLT still above 12dma

2) VIX still high at 17-18

3) Generally a correction of 10-15% is required before QE is engaged.  The Fed needs to ‘reload’ and in order to do so the market needs to correct first.

Every pullback has led to new strength so we could get a temp pullback for 1 week