Archive for September, 2009
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My short and long term indicators are still in up-trends. I am enjoying the current weakness and will wait to buy TYH when it bounces off of support. Support for me for TYH is around 126. If TYH bounces around there I will buy it and place a sell stop below the low of the [...]
The table below, like the one I showed in late August, shows me the wisdom of forsaking individual stocks in favor of the 2X or 3X ETF”s. Why try to find the few stocks that can beat these ETF’s when the odds are so low? Since the current short bounce began September 1, the standard [...]
All of my indicators are positive again. My university pension is now 100% invested in mutual funds and at all-time highs. The GMI table below shows
The GMI is at 6 and the GMI-R is at 10. There were 156 new highs on Tuesday in my universe of 4,000 stocks, the most since September 19, 2008. The QQQQ is back in a short term up-trend. Both the short and long term trends are now up.
Sometimes my long term and short term indicators do not agree with each other. This is one of those times. My short term daily trend indicator for the QQQQ turned down last week while my long term indicators remain up. So, I went to cash in my short term trading account but stayed long in [...]











