Tuesday, March 23, 2010

Market timing signal

Yesterday 3/22/10 my model gave another sell signal. This is the fifth this month. At this time a pull back would appear likely. Several other indicators I use would bear that out. How far will the market pull back and when? I do not claim to know. I am not always correct either. The likely hood of the market trading significantly below where it is at the time of this writing (NASDAQ almost 2400) is in my opinion quite high.

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