Saturday, May 23, 2009
Simple Strategy:When to Buy Stocks
When the S&P 500 Index is above its 45-week moving average, stocks compound at an astounding 11% annual rate. And when stocks are below it, they lose money at 6% per year.
Readers of this Blog know I remain long term bearish on the broad markets. I use IBD signals as confirmed by Dow Theory to generate buy sell signals. We remain in a bear market.
I urge any reader interested in economic cycles to read the work of Martin Armstrong (currently incarcerated) http://www.contrahour.com/ItsJustTimeMartinArmstrong.pdf
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