Keep Your Eyes on the Immediate while looking at the Future

The short Stock position is what is important at the moment, 20 % down is the next stage, then probably 30 %.

Building a short Bond position should be a look at the future and something to be inched into over the next 30 days.  The short bond etf TBT has an apex low at 18.88.  We will be watching if that low  holds. If it doesn’t we will slow down, maybe build the position 2 to 5 percent a day.