My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Another up week pushed all major indexes higher with the Dow now only needing 200 points to reach the 10,000 level.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +8.41% keeping the current buy signal intact. The effective date was June 3, 2009.
The international index has now broken above its long-term trend line by +17.05%. A Buy signal was triggered effective May 11, 2009. We are holding our positions subject to a trailing stop loss.
[Click on charts to enlarge]
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
I am intersted in No Load mutual funds, which use hedging strtegies like shorting or buying options to protect the gains realized.
MD
Anon: Maybe look at BEARX, just type that symbol into Yahoo Finance then click profile to see what it does.