The stock market had been strong this week, but showed a little weakness today. There are lots of news stories floating by. Apple's earnings were amazing. Netflix is the comeback kid. But there have also been a few misses. Europe and Greece and such are still there, but largely ignored this week. The Fed says they're going to keep interest rates low half-way through the 2nd Obama term, or 2014. The President is promising free student loans and cheap refinancing for all.
The stock market looks tired to me. I think we're due for a pullback The Black Box has re-iterated a sell signal. If I was scaling out of stocks, I'd have three sell points at this point
I have reduced my long positions by about 20%, which leaves me - tada! lets do the math together - about 80% long. But I could sell more at any point. Or go back long. Or put the cash on a super bowl bet.
Hmmm.... Does everyone love the New York Giants and the points? Might lean the other way.
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Still struggling through this stupid cold. Cough. Walking the dog but haven't felt up to a podcast or audioboo.
The stock market looks tired to me. I think we're due for a pullback The Black Box has re-iterated a sell signal. If I was scaling out of stocks, I'd have three sell points at this point
I have reduced my long positions by about 20%, which leaves me - tada! lets do the math together - about 80% long. But I could sell more at any point. Or go back long. Or put the cash on a super bowl bet.
Hmmm.... Does everyone love the New York Giants and the points? Might lean the other way.
***
Still struggling through this stupid cold. Cough. Walking the dog but haven't felt up to a podcast or audioboo.
