8/10/2008 10:09:27 PM

We're going long.

Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.

What a way to close out last week. Plenty of ups and downs were there, back and forth, right until the end. Speaking of the end, this past week set some new highs that we're going to act upon.

Add another 2/3 bullish position (see new weighting below).

Current Weighting Suggestion:

3/3 in Bullish Leverage

Long Term Investor Buy Signal Alert
Over the past several years, this indicator has predicted several 100-point or more moves in the S&P. There are only 2 to 3 of these signals every year, so they're worth paying attention to. This is an ideal signal for investors to put cash to work following a down move in the market.

A Long Term Investor Buy Signal Alert was issued July 23, 2008.

Long Term Investor Crash Warning Indicator
This indicator is a variation of the widely published Hindenburg Omen. We'll let you know when we're seeing indications of a potential crash to come. This would be a good time for long term investors to take some money off the table.

This indicator is not coming into play at this point in time.

You can email me with any questions at plus@stockbarometer.com.

Have a great week!