Heres14U
Member
Good Morning;
C and S funds are rallying again this morning and getting closer to their upper Bollinger band resistance levels. Not good places to buy. Although this rally may last a couple more days I believe prices will come back down to better buying price levels.
The I-fund at +1.01 is a Sell again today well above it’s Sell above parameter.
The F-fund reading at -.84 is a Buy again today and very oversold as stocks are getting overbought.
There are no guarantees that these funds will hit their respective Buy Below or Sell Above parameters they do most of the time but sometimes they don't. I don't like to buy stocks when they are moving up and in the postive reading numbers. They eventually do come back down again to the negative reading numbers.
I will remain 50G, 50F for now. I believe a better opportunity to buy stocks will come after this rally peters out. Good Luck!
----------Fund Share 11am Buy Sell Today’s
Date Fund Price Read Below Above Recommendation
3/27/08 C 15.03 +.19 -.35 +.25 WAIT TO HIGH TO BUY
3/28/08 C 14.91 +.11 -.35 +.25 WAIT TO HIGH TO BUY
3/31/08 C 14.99 -.07 -.25 +.25 WAIT TO HIGH TO BUY
4/1/08 C 15.53 +.16 -.25 +.25 WAIT TO HIGH TO BUY
4/2/08 C ***** +.36 -.35 +.25 SELL ALL OR SOME
3/27/08 S 17.93 +.30 -.50 +.40 WAIT TO HIGH TO BUY
3/28/08 S 17.79 +.21 -.50 +.40 WAIT TO HIGH TO BUY
3/31/08 S 17.91 -.04 -.50 +.40 WAIT TO HIGH TO BUY
4/1/08 S 18.44 +.23 -.50 +.40 WAIT TO HIGH TO BUY
4/2/08 S ***** +.45 -.50 +.40 SELL ALL OR SOME
3/27/08 I 22.48 +.65 -.50 +.50 SELL ALL OR SOME
3/28/08 I 22.48 +.48 -.50 +.50 WAIT TO HIGH TO BUY
3/31/08 I 22.54 +.27 -.45 +.45 WAIT TO HIGH TO BUY
4/1/08 I 23.16 +.57 -.45 +.45 SELL ALL OR SOME
4/2/08 I ***** +1.01 -.50 +.50 SELL ALL OR SOME
3/27/08 F 12.15 -.37 -.50 +.50 WAIT-NEUTRAL
3/28/08 F 12.18 -.27 -.50 +.50 WAIT
3/31/08 F 12.20 .06 -.50 +.50 WAIT TO HIGH TO BUY
4/1/08 F 12.15 -.70 -.50 +.50 BUY ALL OR SOME
4/2/08 F ***** -.84 -.50 +.50 BUY ALL OR SOME
How to use the above chart & Recommendation Explanations;
BUY - Once the READ number goes below the BUY Below number start your buy program as you are entering the buy zone and the fund is oversold. Either buy in completely, realizing there may be a couple more down days to go, or start dollar cost averaging into the fund.
SELL - Once the READ number goes above the SELL number start your sell program as you are entering an overbought situation which can last one to three days.
Because we are currently in a bear market in the C, S, and I funds, I would recommend selling your complete position. Bear market rallies can turn on a dime and you will not have much of a topping process. If you are serious about following this system you should set up an Excel spreadsheet to plot these numbers and chart them. It would make the system come to life for you. You will then see where we have been, where we are going, and at what point the market is likely to top out, much more clearly.
WAIT - Do not do any buying yet, expecting lower share prices in the days ahead. Trending down.
HOLD - Continue holding your current position in the fund. It’s okay to add to your position providing the CURRENT READING number is a negative number.
Notes:
Selling during a bear market must be quick and decisive with the C, S, and I funds. Let the other investors fight for that last.half percent. By getting out early, preserving your capital, and being patient for the next buying opportunity you will be successful. This is of the utmost importance. Unlike Bull markets, bear markets are unforgiving and don’t bail you out if you should make a mistake or stay in too long. If you start following this program you must try to monitor it every day.
Good Luck to you all!
C and S funds are rallying again this morning and getting closer to their upper Bollinger band resistance levels. Not good places to buy. Although this rally may last a couple more days I believe prices will come back down to better buying price levels.
The I-fund at +1.01 is a Sell again today well above it’s Sell above parameter.
The F-fund reading at -.84 is a Buy again today and very oversold as stocks are getting overbought.
There are no guarantees that these funds will hit their respective Buy Below or Sell Above parameters they do most of the time but sometimes they don't. I don't like to buy stocks when they are moving up and in the postive reading numbers. They eventually do come back down again to the negative reading numbers.
I will remain 50G, 50F for now. I believe a better opportunity to buy stocks will come after this rally peters out. Good Luck!
----------Fund Share 11am Buy Sell Today’s
Date Fund Price Read Below Above Recommendation
3/27/08 C 15.03 +.19 -.35 +.25 WAIT TO HIGH TO BUY
3/28/08 C 14.91 +.11 -.35 +.25 WAIT TO HIGH TO BUY
3/31/08 C 14.99 -.07 -.25 +.25 WAIT TO HIGH TO BUY
4/1/08 C 15.53 +.16 -.25 +.25 WAIT TO HIGH TO BUY
4/2/08 C ***** +.36 -.35 +.25 SELL ALL OR SOME
3/27/08 S 17.93 +.30 -.50 +.40 WAIT TO HIGH TO BUY
3/28/08 S 17.79 +.21 -.50 +.40 WAIT TO HIGH TO BUY
3/31/08 S 17.91 -.04 -.50 +.40 WAIT TO HIGH TO BUY
4/1/08 S 18.44 +.23 -.50 +.40 WAIT TO HIGH TO BUY
4/2/08 S ***** +.45 -.50 +.40 SELL ALL OR SOME
3/27/08 I 22.48 +.65 -.50 +.50 SELL ALL OR SOME
3/28/08 I 22.48 +.48 -.50 +.50 WAIT TO HIGH TO BUY
3/31/08 I 22.54 +.27 -.45 +.45 WAIT TO HIGH TO BUY
4/1/08 I 23.16 +.57 -.45 +.45 SELL ALL OR SOME
4/2/08 I ***** +1.01 -.50 +.50 SELL ALL OR SOME
3/27/08 F 12.15 -.37 -.50 +.50 WAIT-NEUTRAL
3/28/08 F 12.18 -.27 -.50 +.50 WAIT
3/31/08 F 12.20 .06 -.50 +.50 WAIT TO HIGH TO BUY
4/1/08 F 12.15 -.70 -.50 +.50 BUY ALL OR SOME
4/2/08 F ***** -.84 -.50 +.50 BUY ALL OR SOME
How to use the above chart & Recommendation Explanations;
BUY - Once the READ number goes below the BUY Below number start your buy program as you are entering the buy zone and the fund is oversold. Either buy in completely, realizing there may be a couple more down days to go, or start dollar cost averaging into the fund.
SELL - Once the READ number goes above the SELL number start your sell program as you are entering an overbought situation which can last one to three days.
Because we are currently in a bear market in the C, S, and I funds, I would recommend selling your complete position. Bear market rallies can turn on a dime and you will not have much of a topping process. If you are serious about following this system you should set up an Excel spreadsheet to plot these numbers and chart them. It would make the system come to life for you. You will then see where we have been, where we are going, and at what point the market is likely to top out, much more clearly.
WAIT - Do not do any buying yet, expecting lower share prices in the days ahead. Trending down.
HOLD - Continue holding your current position in the fund. It’s okay to add to your position providing the CURRENT READING number is a negative number.
Notes:
Selling during a bear market must be quick and decisive with the C, S, and I funds. Let the other investors fight for that last.half percent. By getting out early, preserving your capital, and being patient for the next buying opportunity you will be successful. This is of the utmost importance. Unlike Bull markets, bear markets are unforgiving and don’t bail you out if you should make a mistake or stay in too long. If you start following this program you must try to monitor it every day.
Good Luck to you all!