I have been watching the interaction between the markets as S&P500 hit 2000. While most people and reality show that 2000 should really not mean anything, it is apparent that it means something to the market.
Since S&P 500 hit 2000 long term bonds have reversed and rates have gone up. Yesterday came the announcement the FED may be changing the verbage in their forward statements. This convinced me that 2000 is meaning too much to too many important people so I sold this morning while S&P500 was at 1986. I will get back in if the market can close above 2020. Having had some huge gains the last 2 years, I am more than willing to try and time this market here.
I accomplished this by actually selling all my ETF holdings and closed end funds that I held and keeping my individual stocks which comprise 25% of my portfolio, as this is the minimum stock holdings I feel one must maintain.
The downside risk to my portfolio for this year is around .5% of upside but I'll be happier if I can see the market through this area with the factors that are also occurring coincidentally at the same time.