Essentially, this is a set of market conditions that should not be ignored.
Of course, investors have been ignoring every danger sign for the past 3 months
as prices could only go one way --up! One day does not make a trend, and the
mini down day, that was brought about by the unrest in Egypt, was about the "best" buying
opportunity in months. Nonetheless, for a numbers guy like myself looking to
play the odds and averages, risk remains.
Figures 1 and 2 show the Will Robinson signals since 2004. These are the red
dots over the price bars. The only real failure has been the recent signal
from November, 2010.
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