Tuesday, May 3, 2011
The Stock Market was Down, but not out today…
The
NTSM analysis can improve on down days. Even though we had a down day our Price,
Volume and VIX indicators all improved.
I won’t know till tomorrow if sentiment improved since that data is
published late
NTSM is s till a BUY. I said a few days ago that we might have a
few down days and trade as low as 1305.
At this point I think 1325 is the near term low (at worst). We’ll see.
