I wanted to write briefly about some events that transpired in Cabot Market Letter during the past couple of weeks, and some feedback I got about them. As you know, the market put on a decent, but not great, show of strength a couple of weeks ago, and it was enough to flip our intermediate-term indicator (which simply follows the market’s trends) back to bullish. (It had been negative since August 2.) In response to that, I advised subscribers to take a couple of small–emphasis on small–steps back into the market; we went from a huge 73% cash position...
