Thursday, July 14, 2011

Sentiment hits overly bullish level…

I only have time for a short post...
The Sentiment indicator moved negative today at 66% bulls.  The Price indicator went positive.

We’re still a Hold but the NTSM analysis is looking more negative now.

I remain 50% invested.  That is my fully invested position for the time being. I really want to see what will happen to the US debt issue before committing additional funds to the stock market