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Supplement to December 29, 2008 Daily
Report
| As you can see, the Quick-term Indicant,
as of December 24, 2008 signaled sell when the ETF fell below bearish
yellow and in some instances signaled buy/sell intermittently after
falling below yellow. In other instances, there were no buy or sell
signals when the ETF fell below yellow. It is usually better to avoid
yellow bears. However, some investors like to trade more often. For
example these ETF's received a buy signal in August 2006 following two
years of meandering bearish behavior in 2004 and 2005. New members
complained there were no other signals until the late 2007 and early 2008
sell signals. Most of the ETF's did not receive any buy or sell signals
between August 2006 buy signals and early 2008 sell signals. The Near-term
Indicant will offer more opportunities to buy during long Red Bull cycles
and enjoy bullish spurts during long yellow bear cycles. |
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