My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
A repeat of last week as the bears had fun feasting on a bullish carcass.
Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -17.17% thereby confirming the current bear market trend.
The international index now remains -32.27% 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 3
A big thanks for keeping us viewers on the sidelines.
It feels good knowing that I can sacrifice some small short term gains for long term security. I feel more empower now using your updates because I have a better handle on all the B.S. that get thrown around all the time by the so called experts on T.V. to keep people invested and loosing. Have a good week. Snoobers
Ulli, I noticed that you have had to "re-scale" your international chart limits to account for the decline in the Intl TTI.
As crazy as this may sound today, I'm fairly confident that you will have to make the same scale adjustments to the Domestic TTI chart before this is all said and done.
S&P; 400 would not come as any surprise to me. (That's the S&P; 500 at 400 points, not a reduction in the 500 company's in the S&P; down to 400 company's.)
G.H.
G.H.,
Good to hear from you again. Pretty funny but, fortunately for me, the scaling of my charts is done automatically.
Hmm, that's a lower forecast than what I have heard, which is around 600 for the S&P.;
Ulli…