Thursday, July 31, 2014

Market Update - No Man's Land

For the first time in a long time, RUM Wave indicators are in No-Man's Land.   Primary 1 and 2 have reversed after failing to produce positive returns.  This puts all of my indicators in a never-never land of indecision.  For now, I will have to wait to see what the market decides to do.  After such a big selloff today, tomorrow is likely to see some kind of bounce.  Nervous investors should consider using that as an opportunity to move to the sidelines until a more clear signal develops.

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