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AlphaDow Barometer Lite -- Buy Stampede now at legendary 97 days.

Sean Gallagher Has Had Over 25 Followers Rank: 32 Followers: 49 Votes: 36 Years Member: 5 Last Update: 22 May 2013, 7:39 Categories: General Market Commentary
Market Timing
Canadian Stocks

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The Call For The Week of May 20th:

Conservative investors should be 50% invested in stocks.

Aggressive traders: 23 May '13 -- Take 50% of positions off again and go to 75% cash. Market now stretched to the upside. 99 Days without a 3 day pullback.

The now legendary buying stampede in the Dow Jones Industrial Average stands at 94 days without at least a three day pullback. This puts the blue chip average at all time highs and investors at a quandary. Do you chase the US market higher or wait for a pullback? Conservative investors would be better served waiting for a pullback as our short-term indicators suggest a pause may be in order. That said, unless we get some kind of unforeseen event, the market should be at new highs by the beginning of summer.

Continue to scale in on pullbacks..... one way to do this is to break your cash up into 4 parts. Invest one part on each of a 2 and 3% pullback. Invest one chunk and repeat in 3-4 weeks if no pullbacks occur.

For a complete strategy on how to play this pullback, click on VOTE and then click on Send Feedback.

Conservative and Aggressive should both hold:

Symbol ............. Date Entered
SPY................ 3/28/2013
EFA .............. 11/28/2012
IYR................ 12/28/2012


Please VOTE and send feedback to reserve your complimentary ETF Advisor subscription. Power Rankings on ETFs to buy when AlphaDow is on a BUY signal.

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1. AlphaDow -- When to be in stocks, when to be in cash. Use SPY or the strongest (Alpha) ETFs.

Bullish when 5 out of 5 are true ( 1):

$SPX is trending up (trend is up)

Advance/Decline Line is trending up (buying power)

$TRAN is trending up (Dow Theory confirmation)

Utility Average MA rises (interest sensitive)

Bonds are trending up (interest rates are low)

74% winning trades (13/18) since 1970. Beats buy and hold by 300 %.

Past performance is no guarantee of future results. This is not investment advice, but is for educational purposes only. Consult your investment advisor for additional information regarding suitability, fees, expenses and short term trading costs.

2. AlphaDow Canada -- Dow Theory for Canadians -- send feedback for strongest (Alpha) ETFs.

Bullish when 5 out of 5 are true ( 1):

$TSX is trending up (trend is up)

Advance/Decline Line is trending up (buying power)

$TRAN is trending up (Dow Theory confirmation)

Utility Average MA rises (interest sensitive)

Bonds are trending up (interest rates are low)

67% winning trades since 2000 (2/3) beats buy and hold by 87%.

Past performance is no guarantee of future results. This is not investment advice, but is for educational purposes only. Consult your investment advisor for additional information regarding suitability, fees, expenses and short term trading costs.

3. AlphaGold -- 1 chart 3 Indicators for Gold (GLD). BUY when all three are on 1

Bullish when (+1 point for each) all three systems are +1:

US Dollar Index < 12 Week EMA

Dow Jones Industrial Average > 48 Week EMA

Oil > 12wk EMA

Buy Gold (GLD) if score is 3. Sell if less than 2.

14.8% CAGR with 13.8% max drawdown 1954-1995. *Source: Wall Street Journal - Divining Gold's Next Move 2006

Past performance is no guarantee of future results. This is not investment advice, but is for educational purposes only. Consult your investment advisor for additional information regarding suitability, fees, expenses and short term trading costs.

EFA - Currently Long. Wait for dip to add to position using 50% cash.

IYR Currently Long -- wait for dip to add to position.

SPY Currently Long - wait for pullback to add to position

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