I mentioned in last Friday’s update that a couple of our holdings triggered their sell stop points and were scheduled to be sold yesterday. As I have talked about numerous times, I do look at market activity first; just to be sure a rebound is not in the making before pulling the trigger. As it turned out, a rebound was …
Does The Bull Still Have Room To Run?
Saturday’s video featuring Bob Prechter supported the view that a potential top similar to 2007 has been formed. For an opposing view, take a look at “Bulls still fit to fight:” Stephen L. McKee, editor of the No-Load Mutual Fund Selection & Timing Newsletter, says that while investors may be worried about a market correction, they should be looking for …
Traveling
I will be traveling this weekend and will not have an opportunity to write the usual Sunday Musings. Regular posting will resume on Monday. Stay tuned.
Market Top?
Bob Prechter appeared on CNBC a few days ago and discussed seeing a market top similar to the one in 2007. Take a look at the video: While I believe that the Elliott Wave Theory has merit, it is not a very good timing indicator. Some of Bob’s previous forecasts based on his E-wave analysis have been correct, but were …
No Load Fund/ETF Tracker updated through 1/28/2010
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpContinued downside momentum pulled the major indexes lower. It’s interesting to note that the international TTI has now passed the domestic TTI by moving closer to its respective trend line and a potential sell signal. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to …
Reader Help Requested
Reader Russ had a great suggestion and commented as follows: I enjoy your columns and blogs and have benefitted from your recommendations to set firm sell points. My question/request is on finding information on a specific fund or ETF within the stat sheets.It would seem very helpful if there would be a search feature that one could enter the name …