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.
No comments:
Post a Comment