A solemn day in America! The markets are consolidating sideways as anticipated, the NASDAQ trying to show some support at the 50 day moving average and the Dow forming another bullish Harami so far today, possibly indicating the selling has stopped. This still puts the market trend in an indecisive mode. Long positions and short positions should be maintained abiding by the T line. Continue to have both long and short positions in the portfolio.
September 11th Daily Market Comments
A solemn day in America! The markets are consolidating sideways as anticipated, the NASDAQ trying to show some support at the 50 day moving average and the Dow forming another bullish Harami so far today, possibly indicating the selling has stopped. This still puts the market trend in an indecisive mode. Long positions and short positions should be maintained abiding by the T line. Continue to have both long and short positions in the portfolio.