Wednesday, July 18, 2012

It's A Bull, It's A Bear, It's Suptertrader!

Free Stock Quotes - It's A Bull, It's A Bear, It's Suptertrader!
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The higher the store goes the more confusing are the "experts". In the September 14 issue of Investor's enterprise Daily newspaper we find the great prognosticators such as:

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Sheldon Jacobs, editor of No-Load Fund Investor newsletter quoted that he is recommending having more cash in your portfolio.

Louis Navallier, boss of three aggressive mutual funds, remains very bullish. He says now is the time to load up on tech stocks.

John Wallace, other mutual fund maven now has come to be clear toward small-cap stocks for his mutual fund.

Any time you need person to agree or disagree with you on anyone in the stock store you can find a Wall street "expert" who will agree with you. There is an old saying "The store climbs a wall of worry" and the higher it goes the more worriers there are. Yes, it is scary, but you have to make your own decisions and you can't listen to those habitancy because if you check their past records you will find they have made some real "boo-boos". The experts are not as master as they would like you to think.

Is there any way to frame out the stock store so you can have a good return on your money and still sleep at night? Yes, there is. You listen to the only "expert" you will ever have to. That is the store itself. And how do you do that? It is not as involved as they would have you believe. Let me show you how easy it surely is.

The first thing you need to know is if the store is going up or down. Right? You need a easy indicator. The plain vanilla one I advise to the non-sophisticated investor is the S&P500 Index. Any time the S&P500 daily close is above its 200-day entertaining midpoint the store is going up. When it falls below sell all things and go to cash. How easy can you get? You will find these numbers published every day in Investor's enterprise Daily.

Even though I am considered a pro trader (17 years an transfer member and floor trader) I no longer try to pick personel stocks. It is just too much work so I let other experts do it for me - Free. I only buy no-load mutual funds that are in the top performing (never mind the category) 1% of all funds and are outperforming the S&P500 Index for the past 12 months. Not 3 years, not 5 years.

Don't get carried away with trading. The easy plan is watch the S&P500 Index and only look at your mutual funds once a month to be sure they remain in the top category. You will beat all the "experts".

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