Friday, August 8, 2014

Today will most likely see more of the same with Europe and Asia turning in negative or weak results for Friday’s session.  The models remain Bearish as the underlying stocks continue to weaken in and of themselves.  The lists which I put together and follow for my own use have lost Bullishness at a rapid pace this week.  See below, the absolute distribution has moved into the Bearish camp down from a 79% Long recommendation level as of the August 1st close to the current level as of yesterday’s close.




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