Thursday, June 30, 2011

No point in analyzing this bull run

Volume analysis called a Buy 16 June on the Successful test of the prior 1257 correction low; the S&P has been straight up since then.

At this point all looks well and the NTSM analysis remains Hold.

I am currently 50% invested in stocks overall. That’s a conservative stock allocation simply reflecting the high degree of unresolved issues in the market place and my status as an old guy. You may want to be more heavily invested.