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[pedro]

Not a big fan of his swing trading system, as I've noted before. But I'm a HUGE fan of his longer term (monthly) investing signals. Since 2000, his system (macds + TLs) on his monthlies have only given a handful of signals. No, not at the very tops or bottoms, but exceptionally good for longer term investors focused on capital preservation. Sells came in mid 2000 and in January 2008 (after a near sell in Nov 07). At the moment, for monthly SPY, the macd is clinging to a tiny positive value. RSP and VTI have both flipped negative. These are meaningful warnings for the Tuffy88 crowd, at very least. And for swing traders to focus on the short side going forward. (Tougher done than said.) ONE CAVEAT .. I should add here just before FOMC and its wake, that his LT signals are only valid as of EOM.

Edited by pedro, 21 September 2011 - 01:00 PM.