Larry
Kudlow said on his show tonight (Thursday) that we are in the beginning stages of
recession. There’s another vote for the “R”-word. We seem to be hearing it more frequently.
If
true, the market could fall 20-30% from here.
Not
much change from yesterday. The NTSM
analysis is SELL again.
I sold on the 27 July sell signal at S&P 500 1301 and I am
defensively positioned with only a small amount of my portfolio invested in
stocks. (Zero stocks in the 401k.) (See the page “How to
Use the NTSM System” – the link is on the right side of this page).
