Update for Friday, August 28, 2009

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INTERESTED IN MORE “HOW TO” INVESTMENT INFO PLUS MY NOT ALWAYS POLITICALLY CORRECT RUMINATIONS ABOUT THE MARKET?

I have set up a blog to share my market analysis & insights -- and to sometimes blow off steam when something stupid (or brilliant) catches my eye. You can post comments and voice your opinion uncensored. Take a look:

http://thewallstreetbully.blogspot.com

This week's hot topics are:

1. "The Hidden Costs Of ETFs"

2. "Bernanke To The Rescue"

3. "Running Out Of Stimulus"

4. "More On Leveraged ETFs"

5. "Sunday Musings: 1929 Wall Street Stock Market Crash"

6. "Reducing Risk"

This is another free service, so spread the word to your friends.

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THE LINK TO OUR CURRENT MUTUAL FUND/ETF STATSHEET is:

http://www.successful-investment.com/StatSheet/SS082709.htm

This StatSheet is updated through Thursday, August 27, 2009.
The next scheduled update will be Thursday, September 3, 2009.

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Friday, August 28, 2009

HANGING IN THERE

The markets bounced against the proverbial glass ceiling this past week, but ended up slightly to the upside by 0.3%. Sell off attempts were met with buying, which put a floor under any weakness. Conversely, rallies were limited in scope, and the major indexes for the most part meandered around the unchanged line.

Light trading at the end of August, along with the fact that this rally has come a long way, made many traders wonder if this can continue without any meaningful pullback. Additionally, September is upon us, which is a month that has a well substantiated historical reputation of instilling reality in the markets by killing off bullish trends.

At this point in time, we are holding our positions and adding to them carefully when necessary. Our Trend Tracking Indexes (TTIs) remain firmly entrenched in bullish territory as this week's numbers confirm:

Domestic TTI: +6.42%
International TTI: +14.22%
Hedge TTI: +3.03%

The key to any long lasting recovery will be job creations and the consumer. Job creations are nowhere to be seen on the horizon yet, and consumer sentiment hit a four month low in August. Additionally, a decline in household savings renewed worries as to whether the lowly consumer can be counted on when it comes to continued spending, since that is a major factor of economic activity (2/3).

Many unanswered questions remain, but we will, as always, focus on the major trends to be sure we stay on the right side of the market.

Have a good week.

Ulli...

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Back issues of the Fund Tracker are available on the web at:

http://www.successful-investment.com/newsletter-archive.php

Do you have a question regarding your mutual fund investments?

I will always give you my unbiased and honest opinion. How can you be sure?

First, this is a free newsletter and it will not affect my renewal rates.

Second, I am not running for office and do not have to hide my thoughts in evasive language designed to obscure what I really mean.

So, feel free to send your questions to: ulli@successful-investment.com

All Reader Q & A's for this Buy Cycle are now listed at our web site! Check it out at:

http://www.successful-investment.com/q&a.php

WOULD YOU LIKE TO HAVE YOUR INVESTMENTS PROFESSIONALLY MANAGED?

Do you have the time to follow our investment plans yourself? If you are a busy professional who would like to have his portfolio managed using our methodology, please contact me directly or get more details at:

http://www.successful-investment.com/money_management.htm

We are located at:

18685 A-Main Street, #606
Huntington Beach, CA 92648

Until next week.

Ulli...

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Ulli G. Niemann
Registered Investment Advisor
714.841.5804 Toll free: 866.580.6764
http://www.successful-investment.com
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