Thursday, February 18, 2010

Neutral

I am taking a neutral stands on the markets here- I think we are in limp mode and I am not going to guess what will happen next. We are year to date down but remember the longer they hold this level the year over year to date will start to look positive because of last year's early sell off though we are not moving here.

Better to stay put and watch multiple time frames for any clues shorter term.

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