With Today's Drop Models Get Aggressive

I continue to see these models as overbought/oversold indicators.  With today's sell-off there are 3 new buy flags for Energy ( ERX ), Retail( RETL ) ( see previous posting about why it's already held ) and Mid Caps ( MIDU ). The score stands  6 bullish and 5 bearish. 

As such, the paper account will purchase ERX and MIDU sometime tommorow afterrnoon.

Since Retail was already owned in the paper account from the previous model it will continue to be held.   Ironically, the old model gave Retail a sell yesterday.


----------- T H E   B U L L S ---------------

• Mid Caps based on MIDU.
• Energy, based on ERX.
• Retail, based on RETL.
• Technology, based on TECL. 
• Finance, based on FAS.     
• Small Caps based on TNA.  

----------- T H E   B E A R S --------------

• Biotechnology, represented by BIB.
• Real Estate, based on DRN.
• SP 500, based on SPXL.