The sell signal first generated by our Proprietary Momentum guide on 10/19, and confirmed 10/26 and 10/27 is still in effect. We have received no interim buy signal, so the Sell Signal is still in effect. However, good trading practice requires Stop Loss orders, and we got stopped out 11/1 with a 1 1/2 point loss.
We have been waiting for a confirmation of our original Sell Signal to re-enter the market, but have not yet gotten a confirmation. However, we are very close and if the market is weak today, we may well get a Sell confirmation this afternoon.
Make it a Profitable Day!
Bill
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