9/5/2008 7:36:43 AM
Is there anything else to say?
Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.
Until the action yesterday, all of the indicators of the 1-2-3 PLUS Alert system were bullish. With the market moving as sharply as it did yesterday, we'll step aside and let the system re-align with the market.
Remove all bullish positions (see new weighting below).
Current Weighting Suggestion:
3/3 in CASH mode
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!
