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Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
A Quick Word About The Stock Market
Posted on 02/23/2007 05:56:30 | Link | Post Comment
I believe that this is a time to be defensive and begin to take money off of the table. What does that mean? According to Nick Russo, it means you must assume that more things can go wrong than can go right.
Arch Crawford believes that we will put in deep lows some time around June 22. It's not important how right or how wrong he turns out to be. What is important is what plans you have made to protect yourself.
Fabian Financial uses the 200 day simple moving averages as a strict sell signal, which I will continue to agree with. However, lets say you simply don't believe in being "all in" or "all out", then use the 50 or 70 day moving averages to take money off the table and the 200 dma to move all or some to the safety of money markets and to go short the markets as either a hedge or as a trade.
Please remember that gold and silver stocks are just peices of paper. They just don't follow the price of the metal up and down each day and therefore, sometimes we buy them and sometimes we sell them. Recently, they have actually lagged the metal. (just like oil stocks) We do not sell the actual physical metal. We accumualte over time, and the time is now.
Futures Closing Bell 02/22/2007
Portable Alpha Daily's Long-Term Market Model: Bearish since Dec. 8th.
Asset Allocation – AAS Model Portfolios are between 75% long and 25% cash currently. "Real Estate (IYR) has vaulted to the top of our rankings based on the AAS Rating Score, although Transports (IYT), Retail (RTH), Consumer Services (IYC) and Telecom (IYZ) are out-performing. Conversely, Energy (IYE) and Natural Resources (IGE) continue to under-perform."
Currently, Mid-Caps have been leading. Momentum can be found in Basic Materials, Real Estate, Internet, and Consumer Services.
Arch Crawford believes that we will put in deep lows some time around June 22. It's not important how right or how wrong he turns out to be. What is important is what plans you have made to protect yourself.
Fabian Financial uses the 200 day simple moving averages as a strict sell signal, which I will continue to agree with. However, lets say you simply don't believe in being "all in" or "all out", then use the 50 or 70 day moving averages to take money off the table and the 200 dma to move all or some to the safety of money markets and to go short the markets as either a hedge or as a trade.
Please remember that gold and silver stocks are just peices of paper. They just don't follow the price of the metal up and down each day and therefore, sometimes we buy them and sometimes we sell them. Recently, they have actually lagged the metal. (just like oil stocks) We do not sell the actual physical metal. We accumualte over time, and the time is now.
Futures Closing Bell 02/22/2007
Portable Alpha Daily's Long-Term Market Model: Bearish since Dec. 8th.
Asset Allocation – AAS Model Portfolios are between 75% long and 25% cash currently. "Real Estate (IYR) has vaulted to the top of our rankings based on the AAS Rating Score, although Transports (IYT), Retail (RTH), Consumer Services (IYC) and Telecom (IYZ) are out-performing. Conversely, Energy (IYE) and Natural Resources (IGE) continue to under-perform."
Currently, Mid-Caps have been leading. Momentum can be found in Basic Materials, Real Estate, Internet, and Consumer Services.
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Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
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