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Written by Mark Leibovit VRTrader
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Wednesday, 09 February 2011 01:00 |
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Get an Update on Mark Leibovit's signals below at the World Outlook Conference February 11th and February 12th in Vancouver and of course you’ll be able to get access to that on the internet.
Current TIMER DIGEST Signals:
Stocks - Bull - Remain on 'Buy' signal, but look for a pullback to establish new positions. Volume has been slowing to the upside the past three sessions.
Gold - Bull - I told you a breakout could send Gold to next the 1390s and in Silver up to the 29.90s. Well, Silver exceeded that target and Gold is apparently on its way. Look for a minor pullback here. Seasonality factors positive for Gold and Silver for part or all of February, but then we could experience weakness based on 'seasonality'.
Bonds - Bearish - Bonds continue to deteriorate (higher interest rates) which is confirmation of an economic recovery and inflation. Bonds are short-sale on a healthy technical bounce, but will we get it? --------------------------------------------
Volume Slowing Into New Bull Market Highs - Wait For A Pullback!
My book 'The Trader's Book of Volume' (published by McGraw-Hill) is now available.
Here is the link to Amazon.com:
http://tinyurl.com/2a494fb
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