Tuesday, February 19, 2013

Patience

Just waiting

I still have the red light turned on because the RumWave chart still indicates that a decline is necessary.  Waiting can be the hardest part, particularly in this market.  We've seen negligible movement since I turned the red light on, which is in accordance with the red light's meaning.  The red light means that we are not likely to move much higher and profit taking is advised.  The RumWave is not "top-ticking" this market, but I'm confident in my research and trust the trading philosophy associated with it.

Today's scores:

GOOD LUCK TOMORROW!

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