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Strategies & Market Trends : Peabody Coal vanguard retirement forum

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From: MACD X	10/5/2008 1:39:28 AM
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10 04 08 CHANGE IN FUNDS RECOMMENDATION stockcharts.com The link above is the charts that are available to us in our 401k plans, notice that most all of them were down 10% last week and some more. This is a significant amount for one week and in line with capitulation type selling were the baby is thrown out with the bath water. I built this site using moving averages that I have pointed out many times on this site and nothing has changed, there still is no clear buy signal, everything is on a sell signal and the market is falling. So why the CHANGE IN FUNDS RECOMMENDATION? listen closely and what I have to say because you need to understand what I am saying and what it means. I strongly feel that the market hit a bottom last week, or I think so, and I am willing to take a chance on it with a recommendation change. This is an attempt to catch a bottom. Here is the recommendation, switch the bond fund on Monday and switch to the areal mid cap growth fund ONLY IF THE MARKET IS UP ON MONDAY, for no other reason switch funds. Lets go over this again, SWITCH ONLY IF THE MARKET IS UP ON MONDAY. If a real bottom is in there will be no new low and the market should move up from here. It is very likely the market will be up Monday. With the thought that there will be no new low I want you to watch and see and if there is a new low I may call another change to another safety fund next week as early as Thursday or Friday. This is not a short term trading site but a long term investing site geared toward saftey and preservation of funds at the upmost of importance. The thought behind taking a trade here is based on the thought that if there is a now low next week we get out and take the few percentage point loss. If the market goes lower and we wait on the crossing of the blue line the market would have to get to Dow 9000 and raise again to Dow 10000 before a signal would take place, so to enter here at Dow 10000 is the same place we would be if the Dow got to 9000 then rose, so I like the chances. stockcharts.com The above fund ARGFX the arial midcap growth fund is the fund to swith to. Any questions email me at vernie62884@yahoo.com

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