sábado, 24 de mayo de 2014

Above the Green Line - Weekly comment

Above the Green Line - May 23, 2014

Following on from thte weekly comment at http://stockcharts.com/public/1107832. Markets popped up for the week, as the Strongest Indices are re-testing the early May highs. Caution, most Page 1 & 2 Funds are back up in the Red Zones. The S&P 500 is almost back up to the May high of 1902. Markets are CLOSED Monday for Memorial Day.

Buy Page 1 & 2 Investments in the Green Zone, and take profits in the Red Zone. Spread your account into 3-5 Funds, and follow the Rules below each chart. Good bounces happen when most of the Page 1 & 2 Money Waves on are in the Green Zone, AND Page 12 Money Waves are in the Red Zone. (at the same time).
Try to put new money into Investments that hold Above the Red Lines (50-day avg.); see list below Chart 1 on Page 1.  

 Money Wave Buy on Friday for Lattice Semi (LSCC) on Page 14
 
LSCC - Daily
May 23 Money Wave buy. Place sell stop loss below $7.80 on CLOSE.

'GREED' and lack of Rules have caused unsophisticated investors to forget that all Investments will eventually return to the Green Line.
BioTech and Internet hit their Green Lines this week, after most 'Panic Bought' in March.
Unload your inferior investments that did not make recent highs, and are below the Red Lines. Then buy Page 1 & 2 Investments that
made fresh highs, and hold above the Red Lines.. 'Speculative Bubble' stage (PANIC buying) has popped in several sectors.

Caution. (See Page 11, Charts 99Q, 99R, & 99S) for divergences of the narrowing internals of our Markets.

Eventually Markets will meet again with their Green Lines (They always do). S&P 500 is high again, like it was in 2000 and 2007, and both times it got whacked -40%+ (Buy Low, Sell High). (See Page 5 Chart 57).

Don't listen to the Media...Markets will eventually RETURN back to their Green Lines. Don't let your GREED keep you from protecting gains. Use sell STOP losses.

Thank you for your votes to keep us #1! 2013 was a Record Year for donations to ASCPA. Rules are on Page 3.

No hay comentarios:

Publicar un comentario