My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Today’s rally wiped out some of the losses from earlier in the week, but the major indexes still closed down slightly.
Our Trend Tracking Index (TTI) for domestic funds/ETFs held above its trend line (red) by +2.01% (last week +2.48%) and remains in bullish mode.
The international index has now broken below its long-term trend line by -0.73% (last week -0.36%). A Sell signal was triggered effective 8/25/10, and we remain out of this market for the time being.
[Click on charts to enlarge]
For more details, and the latest market commentary, as well as the updated No Load Fund/ETF Tracker StatSheet, please see the above link.