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401k trading plan


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#1 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 26 April 2008 - 09:48 AM

What I sent my family. The've done nothing but sucked wind seven years down with SP500 buy and hold crap.
I got them all out in December.

These are the newest timely buy signals.
Monday weakness buy light some Automotive, Banking, Industrial Equip, Consumer Staples, Industrials
( called cyclical in this chart )

Friday High sell all tech, telecom and Utilities.

May 13 lows, add to above Monday buys, load big on Tech and Telecom. Favoring Networking, Telecom Equip, Technology, Computers, Electronics, Wireless.

May 13 lows open consumer discretionary or retailing. Open Medical Delivery, Open a little construction and housing (wallstreet likes that for some reason ). Open Environmental. Open Healthcare.

When the monitization rebates trickle up, all the cronies know how to do is build real estate and
leverage the bonanze 30x in the new bubble, probably tech and industrials bubble.
Inflation is built into the dollar count earnings, nothing but up at declining unit output with declining legacy costs.
Tech and exporters get to repatriate real currencies into high dollar counts.

Commodities are done. Bernanke is going after the leverage after the rate cut.

The standing long term sell signals are long in the tooth, many will change to buy by Friday, the rest after May 13.

In conventional Funds Open or add to Export and Multinational, Blue Chip Value, Independence.

You can hold until end of December from May 13. Or trade out End of June to Oct lows.

I'll put my orders in night of May 12. If it doesnt feel right ( market not down enough ) I could be off a day
and will cancel orders in the afternoon May 13. Got to get a big down close.
The low is the reversal day closing up, need the day closing down hard on the lows.

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"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan