My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
The bears continued their assault on the bulls and came out a winner again.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has moved to +2.02% above its long-term trend line (red) as the chart below shows:
The international index dropped to -7.20% below its own trend line, keeping us in a sell mode for that arena.
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,
Since the mkt is hovering around your TTI index and so much of your dialogue is based upon yur trend tracking, can yu discuss briefly its tenents withou, of course, revealing the proprietary nature of it i.e. discuss the components that go into its composition or measurement or perhaps how different it may be that the 200 day or 400 day moving average. Although we may have a good sense of trend following, the concept itself connotes black box.
So, if prudent, can yu discuss a bit on yur blog.
tks