Quote Originally Posted by manucastle View Post
With the new IWM Robot entry price at 79.76 and with 20DMF getting close to a sell, putting the 2 together(if the price falls to 79.76 the 20DMF will probably have issued a sell signal), this leads me to believe we are more likely to be short than long in the near future.

I do not wish to jump the gun but is this logical ?

Trev
Trev,

The call is hard to make because it will depend upon the speed and nature of descent to the new buy point. I will cover this topic in my comments today. Anyway, the robot will likely stay in cash for a while and I'm glad it does because the 20 DMF is so NEUTRAL that it could as well be interpreted as a "Stay in cash" signal.
Billy