Today is Veterans Day, and with it comes a lighter volume day, less market participants, and a closed bond market. What better day to sell a few things.

My first sell, is the Rydex Titan 500 Fund (RYTNX). Titan is up 4.58% (annualized 68.6%) from our initial purchase price. While the S&P might still have a ways to run,the S&P is up 5.1% from its October lows, and we have made 4.58% in Titan. I realize that we bought the fund prior to the October lows, but given the funds risks (200% of the S&P), I want to start reducing risk right now.

Also, my first area of profitaking is around the 1250 mark on the S&P. Since we are only 18 points from that level, there is no guarantee we could get out at that level if the 1250 area is hit intraday, then sells off. So, goodbye Rydex Titan.

My second sell is, CitiGroup (C). In this case, we have a stock that has underperforms its peers. As the Fed continues to raise rates, consumer demands for loans will decrease. Both BAC and JPM are up 10% from the October lows, and C is up 8%. Goodbye C.

In 3 weeks, the DJIA is up 448 points (4.4%) and S& P 500 (5.1%) is up 60 points. The secular bull is 37-months old, and the maturity of this cycle is right around the corner.

I've told you before, I am not very good at putting my feet on the edge of a cliff. I would rather be early than late.