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.
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