12-17-2010 Market Indicator Status Update

Both Major Market Timing indicator #1 and #2 remain on “DOWN”.

The market has been fairly quiet the past few weeks, with no major moves;  long quiet periods are typically followed by some type of large move.   We are still waiting for a drop large enough to trigger an “UP” indicator.  For the last three years in a row (2007-2009) the market has fallen significantly in January – we’ll soon find out if that trend continues.