Friday, March 26, 2010
General Commentary
I dont like that CHINA, OIL, EURO and GOLD on sell signals and the market is looking like its running out of steam. Often technicians point to stock market breadth for health of direction, I believe in this however I believe breadth of the Risk-On trade across asset classes is extremely important. Right now the only Risk-On that is On is the Stock Market. Risk-On Breadth is weak.
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