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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.

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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,

 

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