Wednesday, October 28, 2009

Bullish Stock Market Indicators

Our overbought/oversold stock market indicators went from neutral to bullish. Our long-term indicators are also bullish. No indicator is infallible -- but we make special note of these trading signals -- especially at this "scary" junction in the stock market.

We'll look to Short-term market direction to help us size our position -- especially after this morning's early "gap fade" (long bias since market opened lower) tendency dies down.

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