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Recent Advice on SPX
November 20, 2009
I've been noting that our internal indicators are overbought, but none of them actually issued a sell signal until yesterday.
November 19, 2009
Major investors are reluctant to put more cash to work until they are convinced that the economy is moving forward enough to warrant new investments.
November 17, 2009
We are at the top of the bull channel and all of our internal indicators are overbought. It's time to raise some cash and wait for the next opportunity to buy.
November 13, 2009
Sentiment numbers seem to say investors are inflicted with this malady, and when this happens, many panic while others retrench even more.
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