03 April 2008

Strong

Well, the end of the quarter is here. And now for the one dollar question. What was the strongest sector in the market during the quarter? Actually it was worth more than a dollar because if you invested in it, you made over 10%--in a market that was down over 10%?

The answer is the home building index. That's right. Those new home builders. Those guys that can't give away new homes. Now why is that? Tomorrow we will find out.

We will also find out the employment report. But what is important is not the report but how the market reacts to it.

30 March 2008

Time To Invest

The bear market, which in my opinion started in May, according to my technicals is now over.
My technicals gave a major buy signal 4 days ago and now is the time for capital appreciation in your account. Hopefully you have been holding onto a lot of cash and have that ready to invest. Don't put it to work all at once, but be careful. Buy strong relative strength equities--no bottom fishing. If your a little hesitant, then buy strong ETF's.

Don't worry about the Dow or the major averages right now. They will catch up to the market.
Be careful and always have a stop loss for everything you buy.