Monday, February 7, 2011

Correction coming?

Well maybe, but we haven’t seen a good signal for the short term – I am looking for a small (say 5%) mini-correction anytime.  Apparently, so is everyone else.

%-Bulls dropped to 42% today.   On 28 Jan, %-bulls was 59% so we have backed-up quite a bit.  This may give us some more room to keep climbing-the-wall-of-worry.   We’ll see.

The Navigate the Stock Market (NTSM) analysis is still a hold.