Market Insights™

Market Insights is a free market newsletter
posted weekly every Sunday

MY CURRENT PORTFOLIO ALLOCATION

(FOR GROWTH PORTION OF PORTFOLIO)

Retirement Portfolio Trading Portfolio

25% Stocks / 50% Cash /0% Short / 25% Gold 50% Stocks / 0% Cash / 50% Gold

How much growth is right for you?

March 2010

Week Beginning 03/07

Stocks and gold charged higher this week, although my SPY position easily outperformed my GLD. Stocks are getting overbought here, and after 19 days of uptrend (21 is a Fibonacci number) as the major averages approach their January highs, I am looking for a roughly 50% pullback beginning on Tuesday +/- one trading day (view chart). It is now clear to me that the February 25 low at 1086 was the Bradley turn for March 1 +/- 4 trading days. Therefore, after the pullback I see a continuation of the rally with upside target of 1215.

"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
-- Charles Mackay in Extraordinary Popular Delusions and the Madness Of Crowds

Stock Market Timing Indicators
Secular Indicator	Bearish
Composite Cyclical Indicator	Bearish
Other Timing Indicators
Economy	Positive
Gold	Positive
RPCM2
RPCM2 Chart
Next Bradley Turn
First week of June, 2010	June 10, 2010

Week Beginning 03/14

Week Beginning 03/28

Week Beginning 03/21

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