Monday, March 5, 2012

Daily Market Snapshot 03 05 2012


(Click on the charts for easier viewing)


- Daily Market Snapshot -
Bears remain in control.

The trend line going back to
the middle of last December has been broken.


Market Direction Model
shows further deterioration.
 Since a near term correction appears to be more likely, I have taken a more defensive posture in all model portfolios.




No comments:

Post a Comment