Thursday, October 23, 2014

Rally Continues

Futures are positive this morning, the snap back rally has only taken a few days to recover most of its losses from the decline. This type of fierce rally is more reminiscent of a Bear Market rally.

However, my index has reversed its long term signal, so it's either everyone in the pool again, or wait.
Long term interest rates on savings and safe money markets make it near impossible to get a return from sideline money. That's the full intent of the Federal,Reserve strategy, to get everyone in the pool.

D

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