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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