Tuesday, September 27, 2011

Flat Stock Market signals 9/27/11 (7am)

Just a quick blog post; as our readers know, we were short the stock market going into the weekend after last week's emotional drop.  Our stock market models are currently as follows (S&P currently at 1145; calling higher in electronic trading):

  • Long-term -- moderately bearish
  • Intermediate-term -- oversold indicators neutral
  • Short-term -- went long after Monday's rise.
As a result, we are currently flat.  

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