11/7/11 Close
I have been steadily in the market and 100% invested in leading stocks.
So far this has been the easiest rally to participate in a very long time.
I know that many systems have missed this rally. I guess that is what makes a market.
I really don't have much to say day to day other than I am 100% in and that hasn't changed. If you are not 100% in then it is probably too late. The most boring rally in recent history perhaps. My daily activities are focused on building an automated Market Direct Model and watching my portfolio.
The current Market Direction Model Chart is attached. The count is +5 fully invested. Distribution Count is 3. We just had a B3 buy signal today which is non actionable because the Exposure Count is already maxed out at +5.
The only thing I did today was turn over the couches to find some coins and add to my GLD position.
0NDQC_20111107.pdf
Mike Scott
Tarzana CA
Mike Scott
Cloverdale, CA