My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
High volatility along with all around bad economic news pushed the major indexes to October lows.
Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -16.84% thereby confirming the current bear market trend.
The international index now remains -27.97% below its own trend line, keeping us on the sidelines.
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.
Comments 2
Ulli Thanks for your service and your straight talk in this terrible time. Its sad to see fortunes lost because human nature keeps people in the market because they are afraid they will miss the next wave up. This mess will not be repaired by the government no matter how hard they try. They continue to throw cash at the problem but the banks continue to give money to people who have no intentions of repaying it. Our country has to suffer for awhile because of the excesses we have been enjoying for the past 20 years. I actually had to prove the ability to repay borrowed money but today everybody deserves as much plastic as they want. We deserve what we get…Have a good weekend and thanks for your common sense approach to our temporarily broken system
Well said…thanks for your input.
Ulli…