There will not be a standard blog post this week, as the markets continueto melt up and attain new all-time highs. As was the case last week, in the first part of the week the market was down, and then it recovered and hit new highs later in the week.
This past week the market was buffeted by many news events, but itwas able to continued its unabated rise since early October.The Dashboard is still on its “2” Neutral Reading. We may be near an interim market top with a decline coming of 3-5% into January, but that guesson my part remains to be seen.
At this juncture retain all 5 ETFs and have appropriate stop LIMITs in place. A full blog post will be posted after New Year’s unless there isa SELL signal in the interim.