As much as it defies logic my timing signal has switched and it is now prudent to close your shorts and begin buying stocks, preferably those that are breaking out to new highs. The good thing is that there are a few to pick from and unless more start to show up on my scans we won’t have a very long list to buy and get caught holding in the event this market whipsaws and heads lower.

On a side note, the amount of feedback I’ve received from my subscribers is quite large compared to previous turn signals. Many traders remain bearish which could actually be a contrarian signal that we melt higher in the coming days to weeks. Something to consider.

Click here to join my free newsletter to be alerted the moment my signal changes. I alerted members yesterday to the possibility that it would change today and it took until the after-hours to confirm it, but I wanted to be sure.

Here are a few to watch:


2 Responses to “Market Timing Signal: Long”

  1. Tips to stock trading » Blog Archive » Miners Are On A Tear Says:

    […] far my market timing signal this cycle isn’t off to a great start with 2 down days and to be honest I’m inclined to […]

  2. The Miners Are On A Tear | Market Playground Says:

    […] far my market timing signal this cycle isn’t off to a great start with 2 down days and to be honest I’m inclined to think […]

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