Friday, March 8, 2013

Holding

The JTS is producing another (meaningless??) short signal, as is the CCI system.  Not that it matters to me since I'm not getting any shorter than I already am.  For anyone with money laying around, it may be a good time to short.  But I should mention, you'd have to be a little loony to do so...

I'm off to enjoy a drink and my weekend.  Hope you have a pleasant one.
J
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5 comments:

  1. AlgyrosMarch 8, 2013 at 3:55 PM

    Enjoy both your drink and your weekend. And thanks.

    ReplyDelete
  2. RealMoneyIssuesMarch 8, 2013 at 3:58 PM

    Have a great week-end J...

    I hope to so I can forget the markets...

    ReplyDelete
  3. BradMarch 8, 2013 at 3:59 PM

    thanks J. im still with ya here

    ReplyDelete
  4. johnMarch 8, 2013 at 4:09 PM

    thanks-

    ReplyDelete
  5. JKHMarch 9, 2013 at 11:06 AM

    There is a really nice 1x1 move that is completing around here... SP500 chart... It'sa biggie, and goes back to June of last year... 6/1 - 9/14 is the first move... into 11/15 is the pullback... now 11/15-3/8 is the 2nd move. Log Y-axis scaling. That natural 1x1 move is a biggie... accordingly, the turn points are a smidge sloppy, so don't expect it to turn on a dime. Expecting the mkts to start consolidating the trend action of the past 4 months.

    ReplyDelete

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