Thursday, January 20, 2011

1/20/2011 - End Of Day is a new signal and it is Sell

My system has given a sell signal.  The action now is to sell your ETF's as in QLD at market open.  If the futures point to a higher open wait until 10:00 - 10:30 am to see what direction the market is moving.  If it moves up see if we have a resume of the uptrend and hold on to your QLD.  If the market is still weak, sell your QLD.

Happy Trading.
Ben

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