Market update - week ending 07/15/2012

Since last week, there is no change to the plan; IOW, no change to the trigger points and stop loss points.
Markets continue to favor bonds at this point of time as compared to other asset classes in spite of Friday pop in stock prices across the board.

ETF	Status	Notes
TLT	Hold	Sell on a close below 122
DBA	Buy on a close above 29.6 or Hold	Stop Loss: Close below 29
SPY	In cash	Buy on a close above 138. Subsequently, stop loss on a close below 135.24.
GLD	In cash	Buy on a close above 158. Subsequently, stop loss on a close below 154.16.