March 1st Daily Market Comments

The markets are trading higher but as illustrated by the candlestick formations today, the indexes are still trading in an indecisive manner. Each individual candlestick stock chart should be the main criteria for evaluating whether to go long, stay long, or close out positions. A number of stock charts are showing good short positions. The indecisive nature of the market should warrant having both long and short positions in the portfolio.