Sunday, October 20, 2013

Martket Alert: RUM Wave SECURE PROFITS signal

Market Alert:  RUM Wave SECURE PROFITS signal

RUM Wave Analytics has moved to a SECURE PROFITS signal with a 5 day forecast of NEUTRAL.

While a change in trend to the downside has not been confirmed, our indicators are showing a short term top could be approaching in the near future.  If one was to follow our trading strategy and purchased a triple leveraged ETF (such as UDOW) on the day following our last BUY signal they would be enjoying a little more than a 5% gain in 10 days.  Investors that are content with that return should consider securing those profits at this time.  More aggressive investors could remain in the market a while longer until a SELL signal is generated but will run additional risk of a sudden market downturn.

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