Friday, May 29, 2009

Market Summary

I think the stock market still probably will trend downward in the coming days.
Based on the fact that the market is still under 200 DMA in the 10 years chart and is also touching just under the MACD zero line.

The NYSE New High/New low is still under 30%.

We need to keep some economically sensitive stocks in our portfolio in case the market goes against us.

I have MEE, OCNF, AOB, TRID and of course SKF.

In May, my account went up 6.2% this year as I have wished every month was a positive one.


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