Thursday, February 20, 2014

Market Direction Change Alert

Short lived, what appeared to be a bearish signal turned out to be a dud. The recent downturn only dipped and declined a measly 7%, and then turned back up. Some market direction change ALERTS can whipsaw investors. Based on our proprietary model don't fight the trend when the stock market direction model changes, we change. Our proprietary model has turned BULLISH our recommendation is to go LONG the stock market at this time. The current closing numbers of the indices for this recommendation are: 

Stock Market Closing Numbers
2/20/2014
Dow
16,133.23
Nasdaq
4,267.55
S&P 500
1,839.78

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