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THE NO LOAD MUTUAL FUND/ETF TRACKER

Update for Friday, November 27, 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. "Will The Real Trend Line Please Stand Up?"

2. "Learning From Past Mistakes"

3. "A Shrinking (Fund) Universe"

4. "Trend Tracking And Dollar Cost Averaging (DCA)"

5. "Sunday Musings: Difficult People"

6. "An Overvalued Market"

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/SS112509.htm

This StatSheet is updated through Wednesday, November 25, 2009.
The next scheduled update will be Thursday, December 3, 2009.

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Friday, November 27, 2009

FEAR STRIKES

Fear struck investors and traders alike around the world yesterday when Dubai World asked for a standstill agreement (translation: no payments) until $60 billion of debt could be restructured. Stock markets around the world dropped sharply as fears of a potential debt default moved to the front burner.

Wall Street was closed for the Thanksgiving Holiday and did not feel the impact until this morning. The markets opened about 2% lower but clawed their way back during this shortened session as it became clear that U.S. banks are less exposed to Dubai than their European and Asian counterparts.

For the entire week, the major indexes closed pretty much unchanged. With the majority of Wall Street traders returning on Monday, it remains to be seen if the Dubai story will be contained or if there is more fallout to come. In the meantime, all eyes were on Black Friday to see if preliminary retail sales numbers were in line with expectations. Actual results will not be known until the data is released.

Our Trend Tracking Indexes (TTIs) followed general market direction and have moved above their respective trend lines by the following percentages:

Domestic TTI: +8.35%
International TTI: +11.14%
Hedge TTI: +1.82%

Third quarter GDP was revised down to 2.8% from 3.5% confirming that the economic recovery is delicate at best. Next week, we'll be facing a barrage of economic reports ending with the unemployment rate next Friday.

Today's sell off did not affect any of our invested positions, and I will continue to closely track our sell stops and act when it becomes necessary.

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...

Return to Newsletter Archive

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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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