October 17th Daily Market Comments

Another day of definite indecision in the markets. This continues to make the T-line up very important factor in the analysis of a trend. With no definite direction in the overall market, utilize the buy and sell signals to have both long and short positions in the portfolio during these market conditions. The indexes currently trading below the T-line make the probabilities of a downtrend, albeit a slow downtrend, the likely prognosis.

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