Portfolio and risk managers, actuaries, and engineers bringing straightforward and robust trading & investment advice to the public -- and institutions.
Saturday, February 6, 2010
Stock Market Update
Earlier in the week, we thought that our intermediate term indicators might go neutral on the stock market by the end of the week. Because of the decline at the end of the week, more "air was let out of the balloon" -- so our indicators are staying long.
Recent market action has been scary, but that gives more fuel for the argument that we can continue to "climb the wall of worry."