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Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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New Signal

8/30/2009 8:35:31 PM

Official signal:

SELL Signal on SPX __ __ __ __

 

SELL Signal on NDX __ __ __ __

The Nasdaq seems to be losing strength here and the system has issued a signal.

As a result, for the open on Monday August 31:

Open a short in the QQQQ with 25% ofthe capital you have allocated for this strategy at the open. **

The result of our positioning after these trades are done, is:

SPY: Short 25%

QQQQ: Short 50%

Feel free to email me at angelo@stockbarometer.com with any questions or comments.

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Regards,

 

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