Wednesday, July 27, 2011

Why no sales

Just a word of caution.  I know you haven't seen any major sells in our portfolios lately.  The market has seemed to hit a bottom and has some support.  Please look at the Trend Spotter and 100 day moving average on the Value Line Index.  The Index is an arithmetic index of the 1700 largest stocks and in my opinion is the best stock market indicator for the individual investor.


Don't panic.  Follow the Barchart technical indicators on the stock you own.  Have stop loses in place that are in your comfort zone.  If they trigger sit on the cash.  Sit back and sip a good single malt scotch.  Enjoy life.

Jim Van Meerten is a Marketocracy Master

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