via $INDU – Weekly Candlesticks.

Dow down 0.5%  with flat volume. It seems that there are more down slide to go. I  am considering going into DXD, but the risk is quite high right now since the weekly chart is still at up trend. I will consider shorting the market when weekly chart start showing down trend.

 

My over all my account is flat. I am mostly cash anyway. Just to see how the market shake out. I am now watching at BRF and DBA (from Wagner Daily)

8/12/2010 Current Allocation Account starting with $1K (8/11/10)
Total 100%  $                                       999.45
Cash 78%  $                                       777.90
TLT 22%  $                                       221.56
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