Thursday, December 2, 2010

Developing Market Conditions - Quick Profits

Strike while the iron is hot.

We have entered a new phase in the market. There is fear but it is the fear of shorts covering and losing their money. It is the fear of professional money managers under performing the market for the year. It is the fear of missing out on the rally. The market blew through resistance @ 1206. The Trin has not moved strongly higher this morning. Together, these conditions will produce a final fifth wave up in the market. These are the times when you can make the quickest profits in your retirement accounts. But you have to be nimble and quick to move aside when there are signs that the market advance has stopped.

I am 100% in the C Fund and have been so since 1215.

The daily trend is about to turn up.

The trend is your friend.

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1. This blog is for educational purposes only.
2. None of the individuals associated with the Las Vegas TSP Investment Club are registered financial advisors.
3. This blog is not an offer to the public to buy or sell any stocks, options, commodities or futures.
4. You are encouraged to do your own due diligence and to consult with a professional financial advisor before making any investment decision.
5. This blog cannot take responsibility for the results of your investment and trading decisions.

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