| THE
NO LOAD MUTUAL FUND/ETF TRACKER
Update for Friday, September 11, 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. "How Much Risk Can You Handle?"
2. "Reader Confusion"
3. "A “Hopeless” Reader"
4. "Sunday Musings: 2,000 More Points On The Dow—By The End Of This Year?"
5. "How Many ETFs Do You Need?"
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/SS091009.htm
This StatSheet is updated through Thursday, September 10, 2009.
The next scheduled update will be Thursday, September 17, 2009.
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Friday, September 11, 2009
SO FAR -- SO GOOD
September started out on a positive note as the central bankers' meeting over the Labor Day weekend produced promises not let the global recovery fall apart. This was enough of an enticement for many investors to keep the rally alive. Of course, the recovery so far has been fueled by stimulation efforts and not real growth, which makes me wonder what will happen to market direction once that stimulus wears off or is not continued.
Be that as it may, right now the party continues, although you can never be sure what surprises may be in store during September and October, historically the worst months for the stock market. Of course, the possibility exists that an event that everyone expects to happen, may not happen.
For this past week, the Dow added 1.7%, while the S&P 500 and Nasdaq were up 2.6% and 3.1% respectively.
At this very moment our Trend Tracking Indexes (TTIs) followed the general market direction and are now positioned above their long-term trend line as follows:
Domestic TTI: +7.88%
International TTI: +16.00%
Hedge TTI: +3.59%
Despite the modest decline today, there is increasing skepticism that the 50% bounce off the March 09 bottom is way overdone given economic circumstances. I agree with that view and have posted about that on many occasions.
It is therefore imperative that you maintain the trailing stop loss strategy if you do your own investing. If and when the tide turns, trend changes can happen fast, since markets tend to go down a lot faster than they go up.
As an aside, I will be traveling this weekend and may not be able to respond to your emails until Monday.
Have a great week.
Ulli...
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If you are
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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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