Monday, March 10, 2008

Market Update

The market as measured by the 15-week EMA in relation to the 40-week EMA continues to correct. As long as the 15-week EMA lies beneath the 40-week EMA, this market correction or bear market will continue. Therefore, investors must continue to take a defensive posture during this time. Either stay very liquid (Money Market Fund), short selective securities, or purchase inverse ETFs, such as DOG, SDS, SIJ, and/or DXD.




No comments: