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Strategies & Market Trends : Peabody Coal vanguard retirement forum

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From: MACD X3/2/2008 1:59:25 PM
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03 02 08 remain in the bond fund

again this week there is no change in fund recommendations and the charts are clearly showing we are in a solid down trend and all the stock funds are downtrending and are below the blue line which is the 13 week moving average.

As I have stated almost every week this is what should be expected and is the sign of a bear market. Price will stay below the blue line and test it as resistance as price falls and if you look at all the funds that are offered to use, without exception they all are doing this.

below is a list of the funds that are offered to use

stockcharts.com[s116042249]&disp=O

Now that you have seen what down trending stocks look like take a look at the bond fund that is on the link below

stockcharts.com

Notice that it is above the blue line and has just tested the red line [34 week moving average] as support.

In fact last week the bond fund was up over 1% and look at the large white candlestick that was created from last weeks action.

The exact opposite is true of the stock funds which show large red candles off the resistance of the red 13 week moving average line.

If my guess is correct the market should resume its down trend in full strength starting next week.

So to recap, there is no reason to be excited about investing in stocks or fund related to stocks at this time.

Price on all the charts need to cross over the blue lines on the charts above before need to change recommendations and as in the past this hasnt happen yet.

Remain in the bond fund. If you are just joining this site do not enter the bond fund at this time and wait for the next change of recommendation to start following the recommendations of this site.
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