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Oct 30 2013

We Remain Bullish As Major Trend Rises To 1.20

  • Oct 30, 2013

The Major Trend Index rose 0.04 to 1.20 in the week ended October 25. We are increasingly wary of U.S. market valuations, but our disciplines tell us to wait until the MTI deteriorates to negative before taking a major defensive stance. 

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager