Monday, October 6, 2014

Follow Through Fails.....10.6.14

A nasty pop and drop at the open and ended the day with all the major indices in the red.
The markets seem unable to shake off the blahs and the small caps (as in IWM) are showing particular weakness.
The Beta STOPS post was posted on Sunday.  Scroll down to check it out.
Beta did flash a Buy based on the rankings at the open (as did M3), but. following the posted comments on the M3 site this morning XIV maintained a steady downslope all day long and never evidenced a positive buying signal other than the rankings.  All the other dashboard metrics were red.