My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
To describe the markets of providing a roller coaster ride would be an understatement. For more details about this week’s action, please see the above link.
Our Trend Tracking Index (TTI) for domestic funds/ETFs fell but still remains +1.33% above its long-term trend line (red) as the chart below shows:
The international index has now moved to -0.92% below its own trend line, which generated a Sell signal effective 8/15/07, as you can see below:
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.
Comments 1
Ulli, if you ever hear me say that I’m getting tired of hearing you say that the only way to deal with a market like this is by having a clearly defined plan, give me a good backhand across the chops, will ‘ya?
Blind-sided is something that anyone without a good plan is probably feeling right about now.
G.H.