Wednesday, February 21, 2007

Market Timing

Fari Hamzei
February 21, 2007

Timer Chart tells us there is a good chance we would be taking another pause here (McClellan Oscillators and large cap index prices are diverging).

January FOMC Minutes just released half an hour ago are supportive for the market: economic expansion remains 'resilient', data suggest 'leveling out' in housing.

Stay LONG

Read more about why Market Timing matters in BusinessWeek, February 19 issue, pp 80-81: http://www.HamzeiAnalytics.com/docs/BW_TD.pdf