Market Direction: BEARISH alert issued 10/25/2012
As blogger/followers should be aware, an ALERT advising of a change in market posture was given on Thursday, October 25. At this point, remain in a bearish posture. The week before, the market made a significant down move. The tumultuous slide continued with the market ending down for this past week as well. This down move was despite positive news regarding more jobs being created in October.
Economic reports this week are sparse and include: Initial Claims (11/8).
Economic reports this week are sparse and include: Initial Claims (11/8).
$tockMarketDirection maintains a Bearish Posture. We encourage followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bearish posture. Cha-ching.
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