Posted: October 3rd, 2009 | Author: admin | Filed under: Uncategorized | Tags: Couple Days, Current Market, Dips, E Mail Address, Economic Numbers, Fridays, Market Fundamentals, Market Timing, Market Updates, Profit Margin, Retracement, Rsi, Sentiment, Spy, Stock Market, Subscribers, Thursdays, Time Of Year, Timely Market, Volatility Index | No Comments »
The following emails went out over the last several weeks to our subscribers. If you would like to receive more timely market updates, go to the FREE TRIAL page and enter your name and e-mail address where it says join BuyandHoldisDead.com.
Due to the volatility in the markets I have included the current Market Update that went out to subscribers.
Weekly Market Update 10/3/09
Our profit margin took a hit this week. I have moved the stop for all long SPY positions to 101.49. This stop was sent out in a mid-week update. If we get stopped out we are sitting pretty close to break-even.
The Volatility Index or VXO as spiked higher and generated a sell signal for the SPY. This is part of the reason I am leaving our stop right below Fridays low. I don’t want to get caught long if the market decides to sell off sharply. The RSI, which is one of my favorite indicators, is very close to indicating a change in trend. On Friday the 14 period RSI closed at 43.17. If the RSI closes below 40 for more than a couple days, I would no longer be looking to buy dips.
Mid-Week update sent out 10/2/2009
The market is expected to open down another 1% today. This is on top
of Thursdays sell-off. This is not the time of year I like to see
Sentiment and economic numbers change.
I recommend exiting all long SPY position with a sell stop @ 101.49.
If the market fundamentals improve we can always get back in later.
Weekly Market Update 9/27/09
I am leaving our sell stop at 100.32. We have reached a point in this retracement where it is safe to consider adding to our long position with limited risk on the down side. I am only looking to add an additional 10% to our long position if filled we would be 30% long. I will place a buy stop at 105.46. If the market continues to make lower highs I will be lowering this stop.
Posted: August 29th, 2009 | Author: admin | Filed under: Uncategorized | Tags: Cboe Volatility Index, E Mail Address, Emails, Free Trial, Interest Rate Market, Market Timing, Market Updates, News 12, News Update, Seasonality, Spy, Stock Market, Subscribers, Term Investing, Timely Market, Timing Model, Vix, Weekly Stock Market Update | No Comments »
The following emails went out over the last several weeks to our subscribers. If you would like to receive more timely market updates, go to the FREE TRIAL page and, enter your name and e-mail address where it says join BuyandHoldisDead.com.
Weekly Market Update – 8/23/2009
We have had a nice move from our buy of 99.20 on the SPY. I have my stop for this position at 92.75.
Weekly Market Update 8/30/09
I am moving our sell stop up to 96.05 from 92.75.
Weekly Market Update 9/07/09
Our sell stop remains at 96.05. I am keeping a close eye on the VIX.
That is the CBOE volatility index. If we see a close above 30.00 on
the VIX I am concerned we may see another move down in the averages.
I will keep you posted.
Here is a link to a post on a interest rate based market timing model:
http://www.buyandholdisdead.com/public_html/wordpress/135/
interest-rate-market-timing-model-still-on-sell/
Here is a link to a story I posted on what’s wrong with long term investing:
http://www.buyandholdisdead.com/public_html/wordpress/in-the-news/
Weekly Market Update 9/12/09
I am moving our sell stop up to 98.05. The VIX has settled down
considerably this week but, due to negative seasonality I will
be keeping a close eye on the markets. We are almost to break even
on our stop. If the market does decide to turn down from here the
damage will be minimal.
Weekly Market Update 9/20/09
I am moving our sell stop to 100.32. We would need to see a 6%
correction to get stopped out at this point.
Posted: August 22nd, 2009 | Author: admin | Filed under: Uncategorized | Tags: E Mail Address, Email, Emails, Hello Everyone, Market Updates, Midweek, Pullback, Risk, Spy, Subscribers, Timely Market | No Comments »
The following emails went out this week to our subscribers. If you would like to receive more timely market updates, just enter your name and e-mail address on the right hand side of the page where it says join BuyandHoldisDead.com.
Weekly Market Update for 8/16/2009
Hello Everyone,
Well the market was not able to take out the previous weeks high. I
for one am gratefull, I would much rather be buying in on a pullback,
and lower my risk in the process.
That being said I still have my buy stop on the SPY at 102.05.
I am waiting for one of my systems to signal a buy setup. When that
happens I will be sending out a email.
Until Then.
Good Trading,
Rob
Midweek Update sent out 8/17/2009
We had a nice pullback in the markets today. For this reason I am
lowering my buy stop down to 99.20 on the SPY. This is just above
Mondays high. I would like to see the market sell off a little more
but, if it doesn’t we will be in. If Tuesday gives us another lower
high I will lower our buy stop again.
Until Then,
Rob