Thursday, December 9, 2010

Short signal

Current market status: Healthy
Today's Signal:  Sell/Short

Commentary
The model produced its first short signal since turning "healthy" a few days back.  In this market, however, a sell signal probably means buy.  And a buy signal means buy even more.  After sitting on the sidelines the past few days, I opened up another short position at the close.  Wish me luck, I'm going to need it.  :)

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