tspgo_com
Active member
imported post
09-28-05: The I-Fund triggered a Buy Signal. See charts at http://www.tspgo.com
IFT Request entered before noon 09-29-05
G = 60 F = 00 C = 00 S = 00 I = 40
Nothing has changed. All indicators are still pointing down for the S&P to hit 1197 - 1175 in October. The S&P might test 1122 - 1227 resistance before going down. The bounce should be short-lived. It should go down fast from there to hit the 1195-1175 supports. Then up fast to complete the last leg of this uptrend.
Keep in mind that when the S&P goes down there is no safe haven in stock. It drags the S with it, andevetually the I will follow.
Again, I might be wrong but the 5-5-10 Rule will keep me on the right side of the market regardless if it goes up or down. The problem comes when it is bouncing and going nowhere. The funds hit Sell and Buy signals often creating more work for Pyriel.
Good luck.
TSPGO!
09-28-05: The I-Fund triggered a Buy Signal. See charts at http://www.tspgo.com
IFT Request entered before noon 09-29-05
G = 60 F = 00 C = 00 S = 00 I = 40
Nothing has changed. All indicators are still pointing down for the S&P to hit 1197 - 1175 in October. The S&P might test 1122 - 1227 resistance before going down. The bounce should be short-lived. It should go down fast from there to hit the 1195-1175 supports. Then up fast to complete the last leg of this uptrend.
Keep in mind that when the S&P goes down there is no safe haven in stock. It drags the S with it, andevetually the I will follow.
Again, I might be wrong but the 5-5-10 Rule will keep me on the right side of the market regardless if it goes up or down. The problem comes when it is bouncing and going nowhere. The funds hit Sell and Buy signals often creating more work for Pyriel.
Good luck.
TSPGO!