Thursday, November 8, 2012

The Market Tumbles on Wednesday

The Dow Jones Industrial Average tumbled over 300 points on Wednesday.

Market Direction Model

Sell Signal
Chart View

Red long line represents a strong sell signal.

We had little equity exposure going into Wednesday's big decline due to the previous sell signal we got last month. We are currently net short the market. 

This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar. 

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