My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Low volume was prevalent during this final week of the year, so a last minute sell-off was not too surprising.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +5.50% 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 +8.76%. 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
Ulli,
Regarding the lost decade. I would have to say that the buy and holder must look like a dear in headlights after such a disappointing decade. Just think they may even have paid a money mangler to lose the money for them. You Ulli are not one of them as you have a much better plan to protect our accounts. If a person just looks at the red moving average line of your TTI one can easily see that when that red line turns up or down that something major is happening and can make some adjustments to their portfolio. That alone is better than buy and holding.
Ulli does a fine job! However looking back at the 2000 decade which was abysmal for buy and holders, does not mean buy and hold is dead! I am not a buy and hold investor but hindsight does not say buy and hold is totally dead! Its a new decade! What I like most about Ulli's website is the weekly tracking that keeps us informed as opposed to the semi annual fund reports that mutual fund families seem to think is sufficient info.