Stocks in the RADAR for this upcoming week of 8/8/2011:
All of the broader market indicators have broken below their 200day-SMA and trending down.
The best strategy is to sit on CASH!
Conservative allocation:
80% : CASH
20% : Safe heaven/diffensive vehicles like GOLD, FXF, TFI, etc.
Moderately aggressive:
70% : CASH
10% : Safe heaven/diffensive vehicles like GOLD, FXF, TFI, etc.
20% : Vehicles for shorting the market/indexes like SH, PSQ, DOG, RWM, etc.
Aggressive:
50% : CASH
10% : Safe heaven/diffensive vehicles like GOLD, FXF, TFI, etc.
20% : Vehicles for shorting the market/indexes like SH, PSQ, DOG, RWM, etc.
20% : Any of the above category of stocks/ETFs ideally holding-up and/or Breaking out (including select leveraged ETFs).
(See some of the listings below, although, *leveraged ETFs are NOT advisible for inexperienced and without proper tracking and exit strategy).
The WatchList: (may potentially be ripe in the next few days/weeks!)
FXF
GOLD
THR
UN
SH
PSQ
DOG
RWM
SEF
BGZ*
DRV*
EDZ*
FAZ*
SDS*
SPXU*
SRTY*
THR*
TVIX*
TZA*
*: leveraged ETFs
GOLD
THR
UN
SH
PSQ
DOG
RWM
SEF
BGZ*
DRV*
EDZ*
FAZ*
SDS*
SPXU*
SRTY*
THR*
TVIX*
TZA*
*: leveraged ETFs
Last week's missed-opportunities!(though within our Watchlist, escaped our watchful eyes or broke-out sooner than we anticipated!)
None!
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