Update for Friday, October 16, 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. "Inflation Protection"

2. "GNMA To The Rescue?"

3. "Made It"

4. "Sunday Musings: Portfolio Anxiety"

5. "Sell Stops For Hedges"

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/SS101509.htm

This StatSheet is updated through Thursday, October 15, 2009.
The next scheduled update will be Thursday, October 22, 2009.

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Friday, October 16, 2009

DOW 10,000 -- A GLASS CEILIING?

As widely anticipated and hoped for, the Dow crossed its 10,000 milestone mark on Wednesday for the first time in a year. All major indexes followed the path to higher ground and closed up for the second week in a row.

The 10,000 level by itself does not mean anything other than that it may give a psychological boost to the bulls. On the other hand, reaching mile stone numbers has often (temporarily) rebuffed further advances by acting as a glass ceiling and giving the bears the upper hand. Only time will tell if we can clearly pierce through this level and use it as a support for further rallies. Given how far this market has come since March 09, supported by predominantly government stimulus, the long-term odds may very well favor the bearish crowd.

Our Trend Tracking Indexes (TTIs) headed north as well and have risen above their long-term trend lines by the following percentages:

Domestic TTI: +9.23%
International TTI: +16.51%
Hedge TTI: +2.73%

Next week, earnings season will continue with full force with 750 companies reporting. Several economic reports on housing will have the potential to move the markets in either direction. The Fed's Beige Book report on the view of the economy will unlikely have any effect on market direction.

I am enjoying my stay with family in Hamburg, Germany despite the near freezing temperatures in the morning. At least, during the day, it warms up to a balmy 50 degrees.

Have a great 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:

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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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