Its apparent by now that after every step Euro-zone leaders are taking, market roars higher for few days ONLY to give back all the gains. In short how long will this game continue before market breaks down decisively & significantly!!! Well, why should we worry? We have a technique to follow and rules to abide by which will ensure our limited losses and will let us ride the gains, SIMPLE enough!!! Is our history teacher telling us something!!! - BUY Signal Last week, BPNYA index crossed EMA(30) upwards, EMA(30) is below MA(200) and above MA(50) while MA(50) is moving higher. This scenario gives us a BUY signal. If you did not SELL on early sell signal then this might be your opportunity to add to original positions since our late SELL signal was never triggered so far. Euro-zone leaders are doing everything to ensure survival of Euro. Unfortunately, it will take time to address structural financial issues and it cannot be fixed by bandages. At some stage, the things will start deteriorating to an extent when "default" is inevitable. In short, how far can you kick the can without really addressing and resolving the underlying problems!!! Its ONLY matter of time.
Remember, don't panic, have a simple system and abide by rules. PLEASE provide your feedback here:
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Greg
12/17/2011 06:40:55 pm
Love the site. Yes, the weekly blog makes sense. It is easy to understand and makes sense. I do plan to use the site to help with long term investment decisions. I have access to just about every fund family in my 403b plan - a bit overwhelming to make decision on best funds. Do you use funds that are 2 x indexes? Also is there a way to get around entering thousands of funds individually into your fund ranker? What are your thoughts on only using no load funds? Thanks for your time and the site, Comments are closed.
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