Saturday, September 25, 2010

401K

Recent moves in 401K are working. I would like an average crossover in coming days where the 50 gets above the 200. The move into a higher high might have me consider moving more retirement funds back to work Monday.

It is odd to take a look at things and ponder if these accounts would have been better off just staying in the market through the past several months. Easy to say in hindsight.

Reading on the internets, those that have sites and blogs seem just as puzzled at market action. Perusing forums, many are scared of being long, and many just do not have faith in market leadership. Many are scared to buy new high breakouts and prefer to catch small moves in broken down stars.

As for myself, I am fearful of not catching and riding big waves up in leadership!!! Sitting tight as they march appears to be the only way to make big money.

Wednesday, September 22, 2010

Tuesday, September 14, 2010

Bullish SPY?


I'd prefer a close above the trendline!

Sunday, September 5, 2010

401K review

I dislike the current market environment, I find it too easy to get emotional and move in and out a lot. I finished one year down 12% doing that, should have had my head on stronger.

I took a look at 401K choices, nearly everything stock based is trading near the moving averages and has the 50 day trading below the 200 day. That to me means stay on the sidelines and wait for a better trend to develop. The one that looks better than the rest is TRREX, chart with the post. I will wait until it gets above an old high near 17.02 to jump the gun much. It is tough to understand how commercial real estate is doing well??? Perhaps I need to research top holdings. All three bond fund choices are doing well, it would be nice to have been in them instead of cash equivalents. I will likely wait and see how the next month plays out for equities to decide if I jump into them. I think my 401K service is only letting me do one trade per quarter, I should have done this a week ago.