NAVIGATE THE STOCK MARKET FOCUSES ON:
(1) Daily momentum analysis of the DOW 30 stocks and 15 ETFs across various market sectors.
(2) Stock Market commentary and analysis.
(3) Buy/Sell signals for major market turns.
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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.