Do You Have an Exit Strategy?

Do you happen to have an "exit strategy" for the current bear market rally? This question is directed to those investors who believe the bear market is over and plunged 100% back into equities or those investors who never did take the original sell signal on January 8, 2008. If this is just a bear market rally, the market lows of November 2008 at 666, as measured by the S&P 500, will be taken out. The S&P 500 has already rallied by 29%, which is within the window of previously bear market rallies. Can the S&P move higher? Of course, it can; but I would definitely want an exit strategy in place just in case the bear comes roaring back. Don't get caught up with all the current bullish euphoria. You have been forewarned.

See, I don't have to worry about an exit strategy. That was executed on January 8, 2008. Now, I am looking for an "entry strategy," which will be triggered when the 15-Week EMA penetrates the 40-Week EMA. Until that occurs, I will remain in the safe confines of money market instruments.