Tuesday, July 13, 2010

Trend System Sell - 7/13/10

It's almost painful to sell this early into what is potentially a sizable rally shaping up.  But, I am following my system, which states when in a downtrending market (which we are certainly still in), one must be cautious and sell at the 34 EMA.   The next buy signal would come after another dip to the lower bollinger band.  Alternatively, if we continue to go up, the next signal would come after the trend lines turn positive.
7/7 - 7/13 gain in C Fund: +3.30%

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