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Investing/Strategies / Mechanical Investing
|Subject: Re: Bear catchers||Date: 2/26/2013 1:19 PM|
|Author: elann||Number: 241886 of 257145|
The omens are indeed mostly pretty good at the moment.
Rising market on almost any time frame, good season, good breadth, new
recent high, high liquidity, high profitability. It's even month end.
Valuation is very stretched but that says almost nothing about the near term.
The market is perhaps a little overbought, but a little consolidation isn't to be feared.
Isn't it a bearish sign when even Mungofitch is bullish?
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