Tuesday, January 29, 2013
Time to sell!
The NASDAQ closed at 3154 today. That is a nice high. In my opinion I believe the market will trade lower than today at some time in the next few months. My mathematical model is giving sell indiactors at this time. If you got into the market on my last buying signal you would have bought on November 13 when the NASDAQ closed at 2883. With the S&P 500 trading near record highs it is not the time to be in the market. The market is up 10% in the last 10 weeks.