February 18th Daily Market Comments

Today is a good example illustrating when the market conditions start to get a little bit indecisive, having both long and short positions in the portfolio is a prudent strategy. Obviously, the short positions are working very well today. Numerous long positions have been stopped out. The market indexes have been showing indecisive trading for the past two weeks. Watch to see where the markets close today, the T-line being in the important trend indicator.