Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Tuesday, November 27, 2012

Tuesday, Market Open

I have gone from Bullish to Neutral 45 minutes into the trading today.  The market really doesn't like the implications of the Greece deal.   UUP dollar index is running higher quickly.   Major profit taking in AAPL.

I need to see a new Daily chart set up to build on the indexes before I can become bullish again.  This may not last any longer than a few hours but the key to keeping your gains is to act quickly at the first sign of trouble. You can always go back in at a lower number if the situation resolves itself quickly.


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