Our intermediate-term indicators remain cautious and slightly bearish. No indicator will be correct all of the time, and the long-term indicator certainly "took it on the chin" this time. However, like all good investment strategies, the system will will "cut its losses" at some point -- in order to preserve capital -- and look for another opportunity in the future.
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With gold's continuing rally to all-time highs, there has been increased interest in commodities. Stay tuned for some research on the commodities markets and the diversification opportunities they offer to traditional portfolios that hold equities.
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