My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Despite a sharp Monday sell-off, the major indexes recovered, and the bulls came out in full force.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +6.16% 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 +15.20%. 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 1
Ulli,
Thanks again for what you do for us.
Les