Wednesday, February 18, 2009

Welcome!

If you are reading this you are a charter member to an exclusive club!

The market as I see it and have seen it since Jan 13th 2009, when my main indicator said "SELL", is on the Bear side. So sit back and relax and wait for the Bull to get going again or hedge your longs with a reverse ETF. I don't know how long this leg of the major Bear is going to last nor do I care but you may. What I do know right now is that it'll take a bit to turn things around. My main indicator is as low as it can go which tells me it must travel all the way to a buy signal before this market will turn!
Some of the other indicators are not quite as bad as they were when my main indicator was at this level so this is a slight ray of hope. Very slight.

If you see your stock portfolio dropping now you know why. Of course you don't need me to tell you they been dropping, you know that already. I just knew when the bear came around again and I'll know when it time to get bullish.

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