The answer is not much. Much of the market looks overbought but we seem to continue to trend higher. I simply have been adjusting and resetting levels based on what I believe our money flow analysis tells us. We use our proprietary screens to re-adjust our tripwires. Technology, financials, energy and industrials are sectors of interest to us. Only one of these right now looks actionable {and actionable here only for risk oriented accounts} as most of these sectors look overbought as well. Clients and friends of the firm can call or e-mail us if they want more specifics regarding what I've said above. Outside readers should note that nothing here should be construed as a recommendation or guarantee of any sort. You should do your own research or consult your own advisor for more specifics. Better yet, become a client of our firm then we'll go into specifics of what we're doing and what we're trying to achieve in client accounts.
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