Net Market Negative {Short Term}

Reflecting that the markets have had a pretty good run of it since the first of the month and that our short term readings are very over bought we are moving the short term market rating down to Net Market Negative.  Note this reflects only our thinking and actions in the shortest of time frames we follow.  It should also not be seen as a change from the series we have started on stocks being cheap.    That deals with a much longer time frame than what we are talking about today.  This should It should also not be seen as a recommendation to buy or sell any securities. You can click here  for a definition of this term.