Update for Friday, November 20, 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. "Clarifying Basic Trading Issues"

2. "Sell Stops And Churning"

3. "A Shrinking (Fund) Universe"

4. "Digging Into More Sell Stop Details"

5. "Sunday Musings: When Less Is More"

6. "Two Types Of Whip-Saw Signals"

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/SS111909.htm

This StatSheet is updated through Thursday, November 19, 2009.
The next scheduled update will be Thursday, November 26, 2009.

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Friday, November 20, 2009

BOUNCING AGAINST RESISTANCE

The bulls had their say at the beginning of the week as the markets rocketed higher and clearly pierced the 1,100 mark of the S&P 500. However, this level continued to prove to be a tough one to maintain as Thursday's sell off pulled the index back down below with more slippage on Friday ending the week at 1,091, which is a couple of points below last Friday's close.

For the week, it was a mixed bag with the Dow eking out a small gain, while the S&P 500 and Nasdaq lost 0.2% and 1% respectively. Of course, this is just one week; for the month of November the major indexes are all sporting solid gains so far.

Our Trend Tracking Indexes (TTIs) remain in positive territory and are solidly entrenched above their respective trend lines by the following percentages:

Domestic TT: +8.16%
International TTI: +12.40%
Hedge TTI: +1.47%

Despite repeated attempts, this resistance level of the S&P 500 may be a tough one to break. One researcher mentioned that "we're getting to the point where truly the market needs to see some meat, more so than just a little bit of a flash of meat. Any time a piece of information comes out that suggests that we don't have a truly sustainable recovery yet, the market backs off."

True words indeed, which make me wonder what market reaction will be when, sooner or later, the stimulus ends and the "real" recovery will become apparent...

Next week, several reports on housing will be out along with important earnings. Trading volume will slow down to a crawl by Wednesday, since the markets will be closed for the Thanksgiving holiday. Not much in terms of future market direction is likely to be revealed next week.

Happy Thanksgiving.

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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