Officially
the NTSM computer system is a HOLD as of Fridays’ close.
Futures
are up over 2% as of 8:45pm Friday night, so the options market is betting on a
good day tomorrow. I would expect a strong
day Monday based on the good reports from retail sales on Black Friday.
The
market experienced a big downturn reversal that started 28 October after the
bottom on 3 October. I have mentioned
before that a weakness of NTSM is when the market experiences a quick change in
direction. I would say that the downturn
after a major bottom a month earlier qualifies as a quick turnaround so the
NTMS analysis has not given us a sell signal that might have otherwise
occurred. That still may turn out to be
the best choice, though. As always,
we’ll have to wait and see.
NTMS
is HOLD.
I
bought back into the stock market at S&P 500, 1155 on 7 Oct after the 6 Oct
NTSM buy signal. I remain 100% long in
the long term portfolio (100% stocks in the 401k.). (See the page “How to Use
the NTSM System” – the link is on the right side of this page).
I
am 90% long in the trading portfolio.
Just a reminder: 100% invested in stocks is way too much for most rational folks. Don’t do it unless you have a high tolerance for risk.
