Last week we suggested the past week would be a down week for the US market. Monday was down 1% but the market rebounded later on in the week. So far we have noticed a that 2011 is similar to 2004. If this similarity is to continue than the next 3-4 weeks will be down weeks.
The model is also signaling to shift out of commodity such as energy and precious metals and go back into select emerging markets such as India, Turkey, Thailand, and Indonesia.
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