... Remains the Same.
2/8/2009 9:20:38 PM
Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.
Or does it? Lately, when the market moves up (along with our hopes), it goes right back down - and takes our hopes back down with it. Last week, we saw a few days where the market closed higher - and didn't pull back down.
Thursday and Friday both were decent days on higher volume. It seems like things are turning around - so the theme may not be the same after all. Okay, so I'm jumping ahead of myself there. My system is still only 1/3 bullish, so our theme is remaining the same (for now). We'll see what this week brings.
No new position (see weighting below).
Current Weighting Suggestion:
1/3 in Bullish Leverage
2/3 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 October 29, 2008. The last long term investment signal was issued on July 23 where the S&P advanced 62 points.
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!