Saturday, March 30, 2013

NOTHING NEW UNDER THE SUN

THE TRENDS:  Both the long term and intermediate term trends remain up.  As you can see from this week's SPY chart, the market closed slightly higher but price is stalling right around the major highs made in 2000 and 2007.












WHAT I WOULD DO WITH LONG TERM FUNDS:  My stance has not changed from previous weeks. Due to the strength of the market I would have 50% in the market but would exit 100% on an intermediate term trend sell signal.  Have a great weekend.  HE IS RISEN!

No comments:

Post a Comment