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Strategies & Market Trends : Peabody Coal vanguard retirement forum

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From: MACD X9/7/2008 10:43:15 PM
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09 07 08 remain in the bond fund

stockcharts.com

The above link as always is the funds available to use at peabody in our 401k retirement plan.

All charts are updating daily and have the blue 13 week moving average and the red 34 week moving averages applyed.

Notice that in all cases the red line is above the blue line and is a bearish chart formation telling us that the market is in a down market and caution is the place to be, not in the stock market at this time.

With what is offered to us, only the bond fund is in a bullish formation and even it has weekness.

The chart below is the bond fund and notice that it is making higher highs and higher lows and has broken out of a possible down channel. With all other funds more bearish than the bond fund I still feel is the most likely place to be at the moment.

stockcharts.com
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