With the market under pressure this morning our FlexFolio is profiting. I want to go ahead and

It wasn’t easy to do the remount after Friday’s rally. Especially considering that the back and forth overly volatile market could have just as easily broken out to new highs hours later. In fact, moments after I did a remount on Monday, I thought it was going to do just that. Overhead resistance prevailed however and once again the market failed at critical levels. I know not what seasonality will bring and wouldn’t know how to quantify such a thing considering the fact that each December the market faces different headwinds and is never made up of the exact same participants, thinking the same...

    Well, even though I laid out the plan as clear as day in last night’s Tape Talk, if I am dead honest with myself I didn’t anticipate we would give back Friday in one day. Sure, it was possible but if I really, truly ask myself if I believed it would happen I would say ‘no.’ Despite this disbelief, I laid out a plan and I’m sticking to it. Therefore, I have done the...

I did an about face today, moving to 100% cash. If we crash on Monday and head to 0, I will have lost the opportunity to profit Livermore style, however my read was that follow through today should have come, when it didn’t and we recaptured some key levels, it was a change in character. Therefore, I am all cash and will re-evaluate next week.   Quint Tatro is the portfolio manager of the Tatro Capital Tactical Appreciation Fund (TCTNX)

Good morning all. The volatility in the market place, combined with the high emotions, is a true recipe for disaster. While I seek to venture into the tape when I see a slight edge, if you do not have this need or desire there is nothing at all that says you must take action here or step off the sidelines of protection. With the market under significant levels I have been pointing out for weeks now, cash is a cozy spot to be for the passive investor and it will certainly save you your emotional capital as well as your financial capital. This volatility makes me very concerned over the stability of the...