Since starting this blog in April I have received very little, if any feedback. My initial motivation in doing the blog was to help those who were struggling with making wise investment decisions on their own. I gain great satisfaction doing the blog for this reason and for no charge. But I must conclude that few, if any either check the blog on a regular basis or if they do, see any value in what I have to offer. I say this because on several occasions I have asked for feedback but have received no comments whatsoever. Am I preaching to an empty auditorium? Here's the deal; If I receive enough positive comments during the next week I will continue. If not, I will discontinue.
WEEKLY UPDATE...In my July 3 post I stated that the long term trend changed to down (red arrow). This week the market happened to rally quite strongly. This rally changed the color of momentum from red to blue and the moving average from red to blue. BUT...the price bar remains red (click on image). Remember that once a down trend (red arrow) is established it takes a change of color in from red to blue in all three items (momentum, moving average & price) in order to flip the trend from down (red arrow) to up (green arrow). Bottom line is that the long term trend remains down. My money is still out of mutual funds UNTIL all three items change to blue.
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