OBOSS Market Timing 05/06/13 ‘OBOSS at 2.78’

OBOSS is still at extreme overbought levels.

95% of all OBOSS indications are between -2.5 and +2.5 so we are seeing readings that are outside the range for a healthy stock market.  OBOSS doesn’t call exact tops, but gives investors alerts whenever the markets get too extreme to be trusted.

This is a good time to reduce risk, close margin, and take profits by scaling out on moves higher.

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