My latest No Load Fund/ETF Tracker has been posted at:
http://www.successful-investment.com/newsletter-archive.php
Sharp losses by all major indexes contributed to the further destruction of Buy-and-Hold portfolios.
Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -18.18% thereby confirming the current bear market trend.
The international index now remains -29.14% below its own trend line, keeping us on the sidelines.
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.
Contact Ulli
Comments 1
In your NO LOAD MUTUAL FUND/ETF TRACKER email of Friday, October 24, 2008 you state "As a tidbit, the Dow hasn't had an up week since September 12, while the Nasdaq and S&P; 500 last had a positive weekly winning performance since September 19."
However, the week ending October 17, the Dow was up 4.7%, the S&P; up 4.6%, and the Nasdaq up 3.7%.
But otherwise things sure have been ugly lately.