Thursday, January 27, 2011

Sell signal #2

4pm: System produced another sell signal and remains in cash.

1:55 update:  The buy signal looks to be history, and now I'm on alert for a potential short signal.  Will update later.

Earlier post: 

Some things to watch... Weakness that takes the S&P below 1296 could result in a buy signal.  If there is too much weakness, however (say below 1292) no signal will be generated.  Anything higher than 1296 and we get a hold signal.  I will update near the close.

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