Monday, September 12, 2011

At Current Stock Levels... 9/12/11

our oversold indicators are flashing a "Buy" signal.  This intermediate-term signal is a step up from the "moderately bullish" signal given on August 23 (when the S&P was at 1162).  Currently, the S&P stands at 1140.

Note that our long-term model is neutral but may give a signal change over the next few days.  We will keep our readers posted.  

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