A good jobs report yesterday failed to fire up the market. We still need to see significant volume to the upside or downside to decide on a strategy going forward. For the moment readers should continue to monitor their holdings with a view to tightening up the sell stops. Now is not a time to initiate new positions in companies until we see which way the conviction lies.
A number of my readers have been asking for more regular updates. To comment on the market on a daily basis is for day traders only, however I can understand the need for more information. For this reason I have started giving short concise comments on a more regular basis at http://twitter.com/rmhs my link is also on the left. Additionally I will continue to comment here as and when I consider necessary. I have also started adding occasional videos in youtube.com explaining some of the strategies and reviewing some of the companies highlighted here in the past.
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