No confidence

Heavy Distribution Tuesday

Heavy Distribution Tuesday

Heavy selling on the day of the economic stimulus package being signed into effect doesn’t seem to bode well for the market.

But despite some Technology names showing some subltle signs of a willingness to rally lately, we’ve long recognized down as the dominant trend.

As long as the major indexes trade below their major moving averages we’re going to be suspicious of any reasons to be long.

THE GROWTH STOCK REPORT

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