December 20, 2016

Bull Market Continues

I haven't posted anything lately because, frankly there was nothing to write about.

The markets whipsawed but now that we have simple indicators (52 week highs) for each index, unless you cannot read or are horribly mamed in an accident and need to have both eyes patched, you will be able to easily know when this bull market starts to unravel.

Here is what to look for
1) the transportation index surges to a new high that is not confirmed by the dow industrials.

That's it. When this happens, it's time to build cash by selling weaker positions and/or short the market.