The Average Investor's Blog

A software developer view on the markets

The Weekly Update

Posted by The Average Investor on Jun 19, 2011

Finally the markets managed to register a positive week, and with that, the US REIT index crossed over its 20-week moving average, thus, signalling a buy on the Friday’s close. That’s the only long position at the moment, regardless of the fact that most indexes seem to be oversold with respect to their moving average. Sit quiet and await developments.

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