MDM - Model switches to SELL on November 7, 2012

Published : November 7 2012 at 9:06 ET

The model is switching to a sell signal.

With AAPL breaking down below its 200-day moving average, and with other leading stocks not showing constructive price/volume action, a continuation of the downtrend is likely. Technology-intensive indexes such as NASDAQ Composite and NASDAQ-100 are more prone.


Suggested ETFs:

1-times inverse

RWM - Russell 2000 small cap 1x bear. It should approximate 1x the inverse of the Russell 2000.

PSQ - NASDAQ 100 1x bear.

2-times inverse

TWM - Russell 2000 small cap 2x bear.

QLD - NASDAQ 100 2x bear.

3-times inverse

TZA - Russell 2000 small cap 3x bear.

SQQQ - NASDAQ 100 3x bear.

TECS - S&P Techology Select Sector 3x bear.

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