Professor’s Comments February 11, 2014 Update
Posted by OMS at February 11th, 2014
After one hour of trading with the Dow up close to 80 points, and the DMI on the QQQ turning positive, I just ran he Professor to see what he’s saying.
Bottom Line: Not much. He only had 11 new longs and 2 shorts, so he clearly isn’t buying into the current rally as the start of a new Uptrend . At least not yet.
Let’s see what he has to say as we move closer to 16,000.
TWID,
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The Hockey Stick Pattern
The Creation of Waves and Trends
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Category: Professor's Comments