Comments on: Trading Primary Trends as Good Friends http://www.jubileeprosperity.com/market-psychology/trading-primary-trends-good-friends/ Wed, 27 Jul 2011 12:13:21 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Rich http://www.jubileeprosperity.com/market-psychology/trading-primary-trends-good-friends/comment-page-1/#comment-2956 Rich Fri, 26 Feb 2010 13:46:51 +0000 http://www.jubileeprosperity.com/?p=407#comment-2956 Aloha All After posting this, we noticed out of 23 market indices, commodity and industry groups, only two have the 20 day moving average above the 50 day moving average. Curiously, these are the Livestock and US Dollar index. Despite numerous calls for indices, commodities and industry groups like retail to bottom here with choppy markets, the trend may still be our friend. Our one year anniversary approaches and we are glad about our longs on equities last March 2009 above Dow 6469, the dollar last November 2009 above 74 and the short sell on gold last December 2009 below $1226 and the short sale on the Dow below 10,729 in January 2010. Subscribers to Big4 and TopTen did better. Stay tuned. We have a hunch things may be about to get much more interesting, reminding us of the old Chinese Curse: May you live in interesting times. Mahalo Regards*Rich Aloha All
After posting this, we noticed out of 23 market indices, commodity and industry groups, only two have the 20 day moving average above the 50 day moving average. Curiously, these are the Livestock and US Dollar index.
Despite numerous calls for indices, commodities and industry groups like retail to bottom here with choppy markets, the trend may still be our friend.
Our one year anniversary approaches and we are glad about our longs on equities last March 2009 above Dow 6469, the dollar last November 2009 above 74 and the short sell on gold last December 2009 below $1226 and the short sale on the Dow below 10,729 in January 2010. Subscribers to Big4 and TopTen did better.
Stay tuned. We have a hunch things may be about to get much more interesting, reminding us of the old Chinese Curse: May you live in interesting times.
Mahalo Regards*Rich

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