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Strategies & Market Trends : Peabody Coal vanguard retirement forum

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From: MACD X8/25/2008 10:37:55 PM
   of 75
 
08 24 08 remain in the bond fund

stockcharts.com[s116042249]&disp=O

the above link is all the funds available to use at peabody in our 401k plans, I show this on every update, they are all live charts and update automatically, This is a great way to follow your investments.

What you can see from the charts are that the majority have tested the blue lines on the charts above and have fell back.

I was watching for the majority to breakout above this blue line to signal a possible entry as this decline is getting long legged.

This didnt happen and like most bear market we continue to go down and bounce off resistance areas.

this is not where you want to be invested under these conditions. The definition of a bear market is lower lows and lower highs, very hard to make money in these times.

I feel we may make one more low so hold on and watch the blue and red lines, I will be and will write when I suspect a tradeable bottom is in.

At the present time be defensive with your investments.

For those interested in investing , I have posted some thoughts on some sectors that appear to be breaking out and may be interesting to some readers, My site name is MACDX. The link below will bring you to this site.

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