Wednesday, January 9, 2013

No clear signal

Not a good signal to trade off of


Today the market bounced as I suspected it would.  I had posted yesterday that I thought we might move lower again after this bounce.  I still think that there is more potential to move to the downside than to the upside, but we are at a point that the market could just ride the high oscillator values for a while.  The RumWave model is not close to a sell signal even though it is at 12 month highs (which is an overbought signal.)  The bottom line is that I just don't know which way is more probable in the very short term, so I'm neutral in my positions.



TSP:  G fund
401k / IRA:  Low risk funds

GOOD LUCK TOMORROW!

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