Monday, February 28, 2011

No Change

It looks like we had below average volume today. 


I still think this is a correction even though the S&P 500 is up over 1.5% over the last 2-days.  The market never goes up or down in a straight line so we’ll have to be patient and see what happens.

 

All indicators improved a little today (except that I don’t have the Sentiment data because Rydex hasn’t posted their information yet.) Sentiment would not change our opinion anyway.

 

The Navigate the Stock Market analysis still calls a HOLD;  that means I won’t get back in the market (in a more meaningful way) until we have a BUY signal.  Curerntly, 30% invested.