And the SMH will lead them lower!

Sorry, I have been delayed in writing posts, fighting a cold and have been rather busy.

I think the market has more downside. Maybe not a lot and a surprising rally would not surprise me in the near future. Only time will tell.

I just added to my bearish RYVNX position, a bit late possibly time will tell. I also transferred out of the RYCVX, RYTNX, and RYVYX into the RYCWX, RYTPX, and RYVNX. The charts of all appear to have topped and are breaking down. The SMH seems to be leading the market lower and its fall seems to show that the support points that are close for the QQQQ, DIA, and SPY may not hold up.

Recall, this is still only a fraction of the holdings I have and is somewhat intended to buffer the other funds and stocks.

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.