Thursday, May 20, 2010

When to Buy 05/20/2010




With 23% of stocks above their 10 week MA we approach a traditional buy signal at 20% above and an even better one at 16% which came on May 07.

If things are still in decline at 16% above the 10 Weak MA, I think its time to get very defensive (whatever that means).

Today was new car day, or gold plated toilets, can not decide which.

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