Long time.

Kind of amazed that post is still there. lol

Stopped trend trading for shorter term trading in 2005.

I missed a good part of the rally since July because I was using short term indicators and exiting early. I am disappointed with my returns for the last six months.

So, back to the drawing board.

I reworked my trading system and am hopeful that perhaps (Please, God) my new system will allow me to swing between longer term signals and shorter term signals depending of whether the market is trending or not.

At any rate, in my trading account (I trade NDX), I am flat right now. My system could get a trend signal tomorrow - which I will have to enter long if it comes. I dread it. But it is what it is and, if it comes, I will take the signal.

I exited the market last week, as I felt the risk has been rising but, in a bull market, there is more risk sitting on the sidelines if there is a trend.

I am comfortable being in cash regularly. I spend a fair amount of time in cash. I see it as position as much as being long or short is a position.

I do keep my core account long in mutual funds during a bull market. From the indicators I use, this is a bull market that started in Spring of 2003 and my core has been long the entire time.

Alright, let's see what tomorrow brings. Breath charts aren't that strong. But they don't have to be - the entire rally in 2003 happened with the breath charts making lower highs.