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November 3, 2008


Do Bear and Bond Fund Reversals Mean the Bottom Is In?

I didn’t have time to put out a complete copy of my new ETF newsletter this weekend (sorry about that), but I did look through the most active bear funds and found that eight out of eleven of them gave sell signals:

  • QID ~ Last Price 64.68 ~ Sell on 11/3/2008 at open ~ Bought on 9/8/2008 at 46.23
  • SDS ~ Last Price 84.19 ~ Sell on 11/3/2008 at open ~ Bought on 6/23/2008 at 63.01
  • SKF ~ Last Price 124.38 ~ Sell on 11/3/2008 at open ~ Bought on 10/6/2008 at 119
  • DXD ~ Last Price 70.32 ~ Sell on 11/3/2008 at open ~ Bought on 5/27/2008 at 53.67
  • TWM ~ Last Price 95.75 ~ Sell on 11/3/2008 at open ~ Bought on 10/6/2008 at 90.52
  • SMN ~ Last Price 70.20 ~ Sell on 11/3/2008 at open ~ Bought on 6/30/2008 at 28.60
  • FXP ~ Last Price 89.00 ~ Sell on 11/3/2008 at open ~ Bought on 5/27/2008 at 71.25
  • EEV ~ Last Price 86.90 ~ Sell on 11/3/2008 at open ~ Bought on 8/18/2008 at 91.38

Also the Long Bond fund (TLT) reversed:

  • TLT ~ Last Price 92.83 ~ Sell on 11/3/2008 at open ~ Bought on 6/16/2008 at 89.11

I’m not sure if this means a major bottom is in place, but it’s something for readers to consider. Drop me an email if you want to join the newsletter list — I hope to get a complete copy out next weekend.

This entry was posted on Monday, November 3rd, 2008 at 8:20 am (utc+8) and is filed under Investing.

44 Responses to “Do Bear and Bond Fund Reversals Mean the Bottom Is In?”

  1. Hudson said:
    November 3rd, 2008 at 9:08 am

    Ya mean I can keep my GE? Great. If it is selling SFK, is it buying XLF?

  2. C. Maoxian said:
    November 3rd, 2008 at 9:52 am

    @Hudson: The model would never have bought GE where I thought it was a “bargain” — it’s a trend-following model and doesn’t consider “valuation.” And no, selling SKF doesn’t necessarily mean it’s buying XLF.

  3. K W said:
    November 3rd, 2008 at 10:16 am

    would love to be on your mailing list… nefri7 @ gmail.com

  4. YC said:
    November 3rd, 2008 at 9:03 pm

    Sign me up for the mailing list, thanks!

  5. Fred Horstmann said:
    November 3rd, 2008 at 9:08 pm

    Please include me in the newsletter mailing list. Thanks.

  6. kris said:
    November 3rd, 2008 at 10:01 pm

    Sign me on..I put down my email the comment. Thanks..Mao xian

  7. moo said:
    November 3rd, 2008 at 11:14 pm

    How were those signals generated? Does that mean you made a profit in some of those funds?

  8. Dennis Plummer said:
    November 4th, 2008 at 2:09 am

    how were buy and sell signals generated? Please sign me up for newsletter

  9. Dian Allison said:
    November 4th, 2008 at 2:16 am

    Hi
    I could not find your email address on the website. Please add me to the newsletter mailing list.
    Thanks

  10. adrian said:
    November 4th, 2008 at 5:15 am

    Please sign me up.

  11. Juergen Engert said:
    November 4th, 2008 at 5:35 am

    Please put me on your email distribution list

  12. shan said:
    November 4th, 2008 at 6:16 am

    I als would like to be in. shan.shao@cma.ca

  13. Monksdream said:
    November 4th, 2008 at 6:59 am

    I trust The Chairman will understand why I was unable to finish the email. I was so overcome with anger at the mention of credit default swaps, which, as Warren Buffett warned years ago, were potential “weapons of financial mass destruction,” I had to attend to the cabinet for a “little drink,” which eventually evolved into a lot of little drinks.

    Meanwhile, it is my considered opinion that if BO takes the oath on Jan. 20, 09, many biotechology, biomedical, however one cares to categorize them, companies, will be primary beneficiaries of a renewed interest in scientific research and advancement.

    If it happens, I’m loading up on shares of every biotechnology ETF on the planet’s stock markets.

    For all I care, George and his wife can start packing today and head back to the ranch in Crawford to raise free range turkeys, chickens, ducks, geese, guinea fowl, peacocks, ostriches, a couple of platypus, any creature capable of laying a goddamn egg.

    And then George can invite Dick and Carl and Alan to come down for a weekend and go suck on ‘em for all I care.

    Tout de Sol
    Monksdream

  14. adam said:
    November 4th, 2008 at 8:15 am

    sign me up!

  15. vector said:
    November 4th, 2008 at 9:41 am

    Please add me to your list.Thanks

  16. C. Maoxian said:
    November 4th, 2008 at 10:20 am

    @moo & Dennis: It’s a trend-following system, not a Black Box. I won’t reveal the exact formula.

  17. Mei said:
    November 4th, 2008 at 10:38 am

    Would you please add me in your newsletter email list?
    Thanks a lot!

  18. Prem said:
    November 4th, 2008 at 10:51 am

    Kindly add me to your newsletter list. Thanks

  19. Greg said:
    November 4th, 2008 at 11:45 am

    Please add me to your newsletter

  20. Attila said:
    November 4th, 2008 at 12:05 pm

    Liked the box stuff… Like trends even better!

  21. Attila said:
    November 4th, 2008 at 12:06 pm

    Please add me to the email for the newsletter. Thanks

  22. Scott said:
    November 4th, 2008 at 9:53 pm

    Please add me to your newsletter. Thanks.

  23. Robert said:
    November 5th, 2008 at 1:04 am

    I’d like to be added to the newsletter. Thank you.

  24. Art said:
    November 5th, 2008 at 1:22 am

    Add me to your Newsletter list,Thanks

  25. Randy said:
    November 5th, 2008 at 2:35 am

    Please add me to your newsletter.

  26. fiona henderson said:
    November 5th, 2008 at 4:35 am

    please add me to your newsletter.

    many thanks,
    fiona

  27. david said:
    November 5th, 2008 at 4:56 am

    sign me up for your newsletter. thanks

  28. Bonnie said:
    November 5th, 2008 at 5:14 am

    Please add me to the newsletter list. Thanks much!

  29. sonny said:
    November 5th, 2008 at 7:30 am

    Please sign me up. Thanks a lot!!

  30. bravochico said:
    November 5th, 2008 at 9:54 am

    Please add me to your etf newsletter.

    thanks

  31. Massimo said:
    November 5th, 2008 at 9:05 pm

    Please could you add me to the newsletter list. Thanks so much!

  32. Bst said:
    November 7th, 2008 at 10:46 am

    Please add me to your newsletter list also. Thx

  33. Jamie said:
    November 7th, 2008 at 12:31 pm

    add me to ur list thanks!

  34. Rodders said:
    November 7th, 2008 at 5:31 pm

    Please add me to your list. Thanks

  35. wenhui25 said:
    November 8th, 2008 at 1:40 pm

    please add me. Thanks.

  36. bubimir2 said:
    November 9th, 2008 at 6:33 pm

    Please add me to your newsletter list, thx.

  37. hong said:
    November 10th, 2008 at 3:08 am

    Please add me the ur list, thanks.

  38. BL said:
    November 10th, 2008 at 2:56 pm

    add me up Chairman

  39. jsp9999 said:
    November 11th, 2008 at 3:52 am

    jsp9999@yahoo.com for sign up

  40. rd said:
    November 11th, 2008 at 8:27 am

    Please add me to your ETF newsletter list. Thx

  41. al said:
    November 12th, 2008 at 11:06 am

    pls add to newsletter list. thx

  42. Luca said:
    November 18th, 2008 at 7:23 pm

    sign me up for your newsletter. thanks

  43. gerald said:
    November 19th, 2008 at 12:45 am

    add me to the newsletter, thank you

  44. John said:
    December 12th, 2008 at 7:56 pm

    Please add me to your newsletter list.

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