What you should know for Friday the 18th

This market has been one of the hardest markets I have seen in my 25 years to stay in the game.  With 1 % to 2% moves on a daily basis, I can understand why many investors can not watch their portfolios.  Back on Oct 3rd we had a high conviction to get long at 1090 and scale out of the market until we reached 1250.  Since selling at the 1250 region, we have been telling members and readers to sell at the 1275 & 1288 region and wait for a pull back.  Last week we dipped our toe into the market at 1236 and sold at 1260.  At this juncture we are waiting for 1188 to 1204 to get long.

http://www.forbes.com/sites/thechartlab/2011/11/17/what-you-should-know-for-friday-the-18th/