Saturday, November 17, 2012

Possible Long Term Trend Change

There has been wide range of securities in the market violating long term trend lines and 200 day moving averages. It is looking like there might be a possible change in the market. Not sure whats going to happen in the future but I am definitely putting a tight chain on all position just in case. Also, I won't be entering any new positions due to the absolute uncertainty that I am experiencing about the market.  

1 comment:

  1. I agree. I have not purchased or sold any stocks as of yet. Trends are too unpredictable right now!

    ReplyDelete