Sell Signal For International Funds Generated

Ulli Uncategorized Contact

Today’s market activity pushed our international TTI (Trend Tracking Index) below its long-term tend line by -1.43%. I will liquidate the remaining holdings in that area, which we still own, effective tomorrow, Tuesday, November 13, 2007. Should the markets reverse again, we will look for a new entry point at that time.

While the domestic TTI has remained +3.23% above its trend line, some of our invested positions will be liquidated as well due to the piercing of their individual trailing stop loss points.

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Comments 4

  1. Minyanville’s coverage of the unwinding has been fabulous. It should be required reading for anyone who manages their own investments.

    The drops off their highs of some of the ETFs that were at the top of the list has been absolutely stunning. I will be about 90% cash after tomorrow and I plan to kick back with some popcorn and watch the show.

    Thursday’s FASB rule changes could be good TV!

    At this point I believe retreating to MM is only half the strategy. Just as important is knowing that your money is held in a sound financial institution while awaiting the next opportunity. No kidding, pick wisely.

    G.H.

  2. Well, last night I suggested using care when selecting places to store money while waiting for the next uptrend to develop (see above post.)

    And this morning Bloomberg reports that Legg Mason and Suntrust Banks are taking steps to shore up their money market funds. Here’s a link to Minyanville’s front page story elaborating on just this issue:

    http://www.minyanville.com/articles/index.php?a=14848

    I hate to repeat anything that Maria Bartiromo would say but, “…do you know where your money is?…”

    I suggest we start a list of financial institutions that we can “bank on” that have not participated in any of the funny subprime/SIV shenanigans and where our money will be safe. I’ll start:

    Vanguard.

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    G.H.

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