IBD---The Big Picture
Posted 22 March 2007 - 01:10 PM
Thanks so much for the update and an explanation of your investing methods. I am also retired (2000) and managing my IRA "somewhat" like you. I have not used IBD but have a charting indicator which produces red/white arrows for exit/entry points which seem to fall close to IBD.. I got the white arrow/buy signal yesterday also.
I use 10%/15% of total portfolio at risk on the short side with an exit signal and cover that when chart indicators reach the bottom green lines. When the lines are reached I switch this to the long funds as an early entry and then wait for the white arrow signal.. Not the best method by any means, but has done fair (except 2004 ) not so good a year.. Just hope this year is not another 2004....
Thanks again for the update and please keep us informed as I am very interested in seeing how close our signals are....
Posted 22 March 2007 - 02:01 PM
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