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 MarketTrak Question/Comment Message

Posted By: Roy   Date: Fri May 8, 2009

Title: cash or long

  I would suppose your accounts are still in cash?

  I said yesterday in the comments section that I would probably stay in cash even though the model went long. I realized late in the morning today that the model was correct so I did go long. The market is overbought and I do expect this condition to be cleared in the near future. Keep your stops fairly tight.

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