With all the talking heads telling you to sell, the Heisenberg Indicator has said to do the opposite. One glance at a 5-year chart of the S&P500 will tell you who was right and who was wrong. The media happily promoted the Hindenburg Omen, an indicator that has never been right. The Heisenberg Indicator? It nailed it this year and has been 100 percent right since the market lows of over 4 years ago.
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December 31st, 2013 Watch List
I want to wish everyone a safe, healthy and Happy New Year!
With that being said, we head into the last trading session of 2013 with the DOW at record territory and the SPY just a stone's throw away. Expect a low volume day today, and I quite honestly think they should make December 31st a half-day session.
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