Near the close today, our long-term stock market model has gone fully long, from it's medium-long position.
In addition, our intermediate-term models are just very slightly short, from a moderately short position. Net-net, we now have a moderate to medium-long stock market position and outlook. You can't fight the tape...
Thursday, October 7, 2010
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.
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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