Update for Friday, January 22, 2010

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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. "Clawing Back"

2. "ETFs And 401ks"

3. "Actively Managed Income ETFs"

4. "The Dominator: Sell Stop Or Trend Line?"

5. "Sunday Musings: A Sovereign Debt Crisis"

6. "More On Actively Managed ETFs"

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/SS012110.htm

This StatSheet is updated through Thursday, January 21, 2010.
The next scheduled update will be Thursday, January 28, 2010.

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Friday, January 22, 2010

DEEP IN THE RED

Tuesday's rally proved to be the highlight of the week as the bears prevailed, and the major averages took a long overdue beating. Stocks as a whole suffered their worst weekly loss since the March 2009 bottom was made. For the week, the Dow gave back 4.1% while the S&P 500 and Nasdaq retreated 3.9% and 3.6% respectively.

There were plenty of trigger points including worries that China might raise interest rates and slow down its economic recovery. President Obama's bank reform proposal was downright booed by Wall Street, and news that an increasing number of Democrats are lining up against a nomination of Fed Chairman Bernanke's second term did nothing to soothe already raw nerves.

Even strong earnings reports from GE and McDonald's could not stem the slide.

Our Trend Tracking Indexes (TTIs) headed south as well but still remain above their long-term trend lines as follows:

Domestic TTI: +4.41% International TTI: +4.99% Hedge TTI: -0.58%

The key to dealing with any market correction is to have a plan in place should this pullback gain further downside momentum. Right now, we are only in a correctional mode and, if you have your sell stop points established, there is no reason for you to panic by selling prematurely.

Next week, a host of economic reports like Home Sales, Consumer Confidence, Durable Orders and GDP will be on the menu along with an accelerating earnings season. Investor resilience is sure to be tested again since any of the above can influence market direction.

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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