Just a heads up

I've been mirroring my commentary from my substack here in threads, current one here:

https://www.traders-...ly-if/?p=888211

I am very busy for next 2 weeks with a project - so to save time I am not going to be posting here - I will still update here:

https://markdavidson...entary/comments

Actually substack really sucks for intrday comments! and I need a better solution , but don't have time currently to find one.

also FYI  u can also subscribe (free) to my video updates - here is last one March 1st for swing/IT where I called 4200 as top of Oct bounce and looking for this breakdown - based on model & TA which seems is a dying skill, it was pretty clear, its 

pretty upto do on current action ..but i'll likely post new one today/tomorrw for where we go now.

https://markdavidson...rket-update-d2d

FYI - as I went over in comments over last 3 sessions - I removed Swing short hedge to my 401K longs from Oct on break of 3900 weekly and move to 100% cash there. Now, I hit couple snags I mentioned below worth considering.

So as I also went over yesterday I am CASH 100% on investments (401K) ...and hold positional short SPY from top in late 2021/early 2022 ..(about 25% position - not looking to add yet - see comments).

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FYI - TWO issue that have come to light for me managing 401K transfer to cash over this week

1. The funds transfers are NOT GUARANTEED to occur SAME DAY or EVEN NEXT DAY! - my wife is limited to funds on her employer linked 401K ...so that put this restriction on this ..I had to TIME for 1-2 days ahead - in this instance it actually paid off for me, because she had spit 25 Bonds which got flight safety, and 50% stocks domestic ..got through TODAY ! ..and 25% foreign which bounced yesterday - BUT that is a complication I had not foreseen until I actually did the execution and read the fine print! ...not too happy about this and am looking for ALTs

2. I only have 1 FUND for CASH equivalence! ...it's only yield 2% ....which like the scam banks ..even less most of mine banks accounts aren't even giving me more than 0.5%! ...and i'm in process of looking to close all for higher yield ..but obviously, now we have to consider SAFETY - most are FDIC insure upto 250K I believe ...but who needs the stress of bank going down etc ...so i'm leaning to BONDS more and more ...I don't think we are remotely close this CYCLE to DEFAULT .. ..i'm still thinking - welcome input - but FUNDS are NOT FDIC and no gurantee ...so concerned about parking this there.

Edited by EntropyModel, 14 March 2023 - 05:17 PM.

also FYI  u can also subscribe (free) to my video updates - here is last one March 1st for swing/IT where I called 4200 as top of Oct bounce and looking for this breakdown - based on model & TA which seems is a dying skill, it was pretty clear, its 

pretty upto do on current action ..but i'll likely post new one today/tomorrw for where we go now.

https://markdavidson...rket-update-d2d

stockchart still not filled in key missing data - what a surprise LOL ...so i'm missing key data ...duh ...VIX in particular ...so i'll wait for tomorrow and see if they feel like

providing the data I pay for or not LOL ... if not, i'll have to do update without it I guess.