Last week was a short week and as such I felt this would make for a decent pause in price. While the Transports did close flat, much to my dismay the other major indexes posted stronger gains. Still, my analysis is telling me this is a good time to sit on my hands until I feel a better buying opportunity comes along. As for systems, I have 1 that posted a buy for bonds on 7 July, and two others that posted a sell for stocks on 5&6 July. Either ways, at this point in time I'm not recommending a buy for anything, not bonds nor stocks.
Bottom line, if it ain't broke don't fix it. My systems & perspective are in agreement and I'm not likely to argue with what has been working for me. Take care and trade safe...Jason
Bottom line, if it ain't broke don't fix it. My systems & perspective are in agreement and I'm not likely to argue with what has been working for me. Take care and trade safe...Jason
