• 313 days Will The ECB Continue To Hike Rates?
  • 314 days Forbes: Aramco Remains Largest Company In The Middle East
  • 315 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 715 days Could Crypto Overtake Traditional Investment?
  • 720 days Americans Still Quitting Jobs At Record Pace
  • 722 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 725 days Is The Dollar Too Strong?
  • 725 days Big Tech Disappoints Investors on Earnings Calls
  • 726 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 728 days China Is Quietly Trying To Distance Itself From Russia
  • 728 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 732 days Crypto Investors Won Big In 2021
  • 732 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 733 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 735 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 736 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 739 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 740 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 740 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 742 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

Long-Term, Intermediate-Term, Short-Term Trends And Equity Holdings

For the week ending Sunday, November 29, 2009

11/29/2009 2:42:51 PM

Welcome to The J.E.D.I. Way.

If you are receiving these alerts on a free trial, you have access to all of our previous articles and recommendations by clicking here: http://www.stockbarometer.com/articles.aspx?subscriptionid=20

If you do not recall your username and/or password, please email us at customersupport@stockbarometer.com.

If you are interested in continuing to receive our advice following your free trial, please click the following link to subscribe. http://www.stockbarometer.com/pagesJEDI/learnmore.aspx

LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN -
(See Long-Term Chart of the Dow Jones Industrial Average since 1974 for further details)

THE J.E.D.I. WAY'S LONG-TERM (or POSITIONAL) HOLDINGS [> 1yr]:
ProShares Ultra Short Real Estate (Ticker Symbol: SRS)
ProShares Ultra Short Gold (Ticker Symbol: GLL)
ProShares Ultra Short QQQ (Ticker Symbol: QID)
ProShares Ultra Short Financials (Ticker Symbol: SKF)
ProShares Ultra Short Industrials (Ticker Symbol: SIJ)

Note: The above portfolio was selected based on my analysis of the MONTHLY CHART below of the Dow Jones Industrial Average.

INTERMEDIATE TREND OF THE MARKET (Three weeks to 1 Year): UP
(See Weekly Chart of the Dow Jones Industrial Average for further details [below the long-term chart of the Dow Jones Industrial Average])

THE J.E.D.I. WAY'S INTERMEDIATE TERM HOLDINGS (3 weeks to 1 year):
NONE.

Note: This was based on my analysis of the WEEKLY CHART below of the Dow Jones Industrial Average.

SHORT-TERM TREND OF THE MARKET (less than 3 weeks): DOWN
(See Daily Chart below of the Dow Jones Industrial Average for further details [below the Weekly Chart of the Dow Jones Industrial Average])

THE J.E.D.I. WAY'S SHORT-TERM HOLDINGS (less than 3 weeks):
NONE.

Note: This was based on my analysis of the DAILY CHART below of the Dow Jones Industrial Average.

LONG-TERM CHART OF THE DOW JONES INDUSTRIAL AVERAGE


Larger Image

NOTE: When the major trend was up (that is when prices were trading above the long-term trend-line above), we bought the dips above it and sold the rallies from 1974 to 2007. (vis-a-vis "bought low and sold high")

Since the major trend has changed from up to down, all rallies beneath the major trend line should technically be sold! And then bought back when the market dips. (vis-a-vis "sell low and buy to cover even lower") otherwise invest in ETF stocks whose prices go up when the markets go down like or similar to the ones in THE J.E.D.I. Way's LONG-TERM PORTFOLIO. This strategy should be used in my opinino until the resitance line on the monthly chart becomes support (or until prices on the Dow Jones Industrial Average closes above 14,175 and stays at or above this price level for at least three consecutive months!!!)

INTERMEDIATE-TERM CHART OF THE DOW JONES INDUSTRIAL AVERAGE

But we are abstaining from holding long positions in the intermediate-term because since it implies that prices on the Dow Jones Industrial Average are overbought in the intermeidate term and that we should not hold any long positions.

SHORT-TERM CHART OF THE DOW JONES INDUSTRIAL AVERAGE

On Day 4 (or Nov.24th), after liquidated all long positions and in 100% in CASH, while the market were still open for trading, the next step would of been to use a portion of our CASH proceeds (I like to use at leat 66.50% of cash) to purchase stocks that do well when the markets go down like the equity in The J.E.D.I. Way's LONG-TERM STOCK PORTFOLIO.

SUMMARY:

As long as prices trade below both the Long-Term and Short-Term Trendlines and the negative divergence exist in the Intermediate-Term, The J.E.D.I. Way will maintain its current equity positions listed above.

Best Regards,

 

Back to homepage

Leave a comment

Leave a comment