Next Monday is the first entry for the cycle for MAIN if GLAD is met. Tuesday is the exit for PSEC. This might be a loss although PSEC is trying to make headway today(Friday). Tuesday is also the cycle entry for FSC(X+9). Wednesday is lights out for many:
"WASHINGTON(3/20/2013) -- As Republican politicians insist that the Obama administration has "exaggerated" the effects of sequestration, people around the country are beginning to see for themselves what the results of the $85 billion in budget cuts are: They're losing their jobs."
Here is the beauty of GLAD/3%. It also works during bad news times. 3% keeps you in the game as the PPS trades down and you are out before the next EX, which, if we are having further bad news events allows for lower entry prices as the next GLAD/3% cycle begins.
Everyone trading with me needs to go back and convince yourself on the merits of GLAD/3% historically on any of the SS you are trading. Confidence will keep you in the game during the draw down periods which will come. Rewards will be won if we stay the course. The present is uncertain. We need an edge. We have a great edge in GLAD/3%....;-)
You are correct in that the future is uncertain which is one nanosecond from the time you read this. So my meaning was that the present day,today is uncertain in where the PPS will close. but as you so well corrected me, the next nanosecond today is the future....;-)