InvestorsHub Logo
Followers 12
Posts 911
Boards Moderated 0
Alias Born 01/21/2010

Re: Icanslim post# 8

Thursday, 03/08/2012 1:33:21 PM

Thursday, March 08, 2012 1:33:21 PM

Post# of 135
The "buy" signal came about two days before the 200 point sell off. However none of the other indexes confirmed with the Russell.

The correction so far, has been very weak, and short lived. As the markets have turned positive again. As it turns out the original buy signal was a false signal.

Now my indicators are flipping back to neutral or hold.

I keep trying to catch the correction, because I believe when it comes, an investor could make good money with this ETF! But in order to do that, I need a sustained correction. Didn't happen this time.

That's my two cents...

Good luck