Tuesday, April 20, 2010

Stepping on the Gas...

At current market prices, our intermediate-term stock systems are going long at the close today. These intermediate-term indicators have flip-flopped around a neutral position -- keeping us in a somewhat cautious stance the past few months. Note that based on a look-ahead -- and depending on market action -- this system's signal may be relatively short-term.

Our long-term indicators have been long for a while, so net-net -- we will go from a medium-sized long position to a full-sized long position.

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