The residents of Gappaville need to get up very early in the morning and do their native dance. I have no sell signals on a major index.....NDX, NAZ, SPX, OEX, DOW or NYA. Signal line has crossed down on the SOX, SMH, RUT and BKX. The SOX, SMH and BKX did not go high enough indicator-wise to generate an outright sell. The RUT, quite frankly, was borderline. Under my original rules, which became too subjective for my taste (that's why I built the blended indicator...so my bias could be eliminated), one indicator did not go high enough to generate a sell....but only by a hair. But nevertheless, the signal line has crossed down from a fairly high level. I'm aware that there are still crash calls all over the place. My work says upside is still very possible. Nothing, however, is EVER guaranteed based on my work or anybody else's.
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