The model has switched to a cash signal. With the NASDAQ Composite closing just above its 200-day moving average, S&P 500 bouncing off its 200-day moving average and closing at the top of its range on higher volume, and Russell 2000 behaving similarly, the model will move to the safety of the sidelines.
MDM - Model moves to CASH/NEUTRAL on November 29, 2012
|Published:||29 Nov 2012 14:43 ET|
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