Rydex, Meander To The Sidelines!

I have moved my Rydex position as follows:
DIA: RYCWX (2v) 55%, RYCVX (2^) 45%
S&P: RYTPX (2v) 55%, RYTNX (2^) 45%
QQQQ: RYVNX (2v) 55%, RYVYX (2^) 45%

Just a little run to get near the sidelines! I think the market is ready to bounce and run to the upper line of the down channel, but it is not running yet. This position offers little protection to other funds I have, but will give me little Rydex losses in case we spike up. I expect another adjustment on Monday, but right now in my mind the market must prove itself again. As the market proves itself the plan is to lose a little bit. If this wasn't an October Friday with a lot of nasty things happening, I would have made a shift to a mildly bullish stance.

As always do your own due diligence and make your own decisions. No one knows for certain what tomorrow will bring. Only you can be responsible for your own decisions. I may hold bullish and/or bearish positions without warning and these may change without warning.