Friday, September 24, 2010

Battle of the Stock Market Indicators 9/24 330pm

With the stock market's continued rise, our long-term indicators are turning to a "medium long" position from its neutral signal of a week ago.

Meanwhile, our intermediate-term models remain bearish -- with a moderate to medium bearish signal. We sometimes see indicators disagreeing, but we rarely see "medium-level" signals in the opposite direction.

The markets will dictate how this situation resolves itself, and our systematic models will keep us disciplined.

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