Update for Friday, March 5, 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. "Running Out Of Steam"

2. "Will Gold Be The Next Bubble?"

3. "10 Rules For Buying ETFs"

4. "Saving A “Good” Mutual Fund From A Bad Ride"

5. "Sunday Musings: Higher Interest Rates Ahead?"

6. "Bond ETF Bubble Protection"

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/SS030410.htm

This StatSheet is updated through Thursday, March 4, 2010.
The next scheduled update will be Thursday, March 11, 2010.

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Friday, March 5, 2010

RECOVERY HOPES ALIVE

All week, the market was meandering, although with an upward bias, in view of the always uncertain employment report. In that sense, today's numbers did not disappoint as the unemployment rate remained steady at 9.7%, with the economy shedding only 36,000 jobs last month vs. an expected 60,000 plus.

These days, anything "less bad" is a good thing, and the markets took off and ended up with triple digit gains. For the week, the Dow added 2.3%, while the Nasdaq and S&P 500 gained 3.8% and 3% respectively. This brings the indexes back into positive territory for the year after the selloff in January.

If there is one fly in the ointment, it's the fact that the S&P 500 has now had 6 up days in a row, which historically leads to some kind of a pullback. Right now, however, even the news out of Greece was market supportive as the new "Grecian formula" calls for radical spending cuts and taxes.

Our Trend Tracking Indexes (TTIs) rallied with the general market and have moved further away from their long-term trend lines by the following percentages:

Domestic TTI: +4.91%
International TTI: +1.78%
Hedge TTI: +5.67%

Next week, we will face a full economic calendar with reports ranging from inventories, initial claims, trade balance and retails sales. It'll be interesting to see if these reports are supportive of a further rally and if the S&P 500 can finally break through that glass ceiling and actually remain above it.

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:

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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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