The markets saw a nice rise today. With that said, it was a busy trading day today as XOP took out its trailing stop for a net +2R gain. The RSI portfolio added the requisite number of shares in BAL, EWP and TBF. All these were from RSI recommendations in the past few blog postings. The net effect is that the RSI portfolio has reduced its cash position from about 30% to 9% with an attendant increase in market risk.

Catch you later.