My Home     About Me

I will be adding BRL to the swing portfolio tomorrow. Everything right now is firing on all cylinders in the market. All of the trends within different timeframes look strong and this bodes well going forward. But we are overbought here and a pullback will happen. As I ease into this market I will want to buy the oversold conditions that will occur. Not chasing. Looking for good companies on controlled pullbacks, adding a bit at a time. Also the past seasonal tendencies of September raises a bit of caution as well. Will we be higher a month from now? I'd say it's about a 50/50 shot. So I will trade with that in mind.

A couple companies I will be looking to add to the longer term individual stock trend portfolio are CDWC and MTW. Keeping in mind that trend type systems typically only win about one third of the time. I will dump my losers and look to catch some longer rides with the good ones especially if the market gets hot.

ETF's I will be following closely/looking to add -

EWW
IAU
FXI
GLD
IIH
EWZ
ILF
ADRE
EWG
VWO
EWD
EEM
EWY
EWO
PGJ

Have a Great Night!

Dave Johnson

dayvejohnson@gmail.com

Biotech HOLDR (BBH)   relative strength trading   Technical chart patterns   support/resistance levels   ETFs (exchange traded funds)   Deron Wagner   Emini's Nas 100   emini's S&P 500   economic data   day trading   gap   climatic   Fixed-income (bond) ETFs   Oil   Inflation   Earnings   Paul Hogan   Crocodile Dundee   ATO   Australian Taxation Office