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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	10/6/2008 2:24:36 AM
	of 6865

Change in fund recommendations. Message 25027977 As many of the followers of this site are aware I have another site that is geared toward the longer term investors and in fact 401k investors were I work. I created the site for a guideline for them to follow and as of yesterday made a change in funds recommendation. They have bee safely tucked away in a bond fund for the last 11 months. The bond fund is the only defensive fund available to these workers and shorting or buying puts are not an option, probably simular to every other companys 401K plans. I have added stipulations being that monday be an up day. Trying to pick a bottom here is impossible but with the hammer candlesticks plastered all over the charts and at the bottom of the trend channels it seems likely a bottom is close, the indicators are diverging on the fund choice that I have chosen. The bond fund appeared to have made a lower high also.

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