Below some Weekly charts of a basket of ETF's that will serve well in the coming financial debacle. But only for a time. At some point, you will need to cash out of these instruments and get your money into some non-paper-statement form. Yes, it will be that bad. But until further notice, these will be fine, safe and profitable vehicles.
There is only a slither of a chance I am early here, if so, the Trend Models will let us know soon enough. If not, its time to get involved heavily on the downside of the market. Notwithstanding the SPX Hourly flip to LONG on the close Friday, I expect hard down next week. We are in take-all-Sells mode until further notice. If you are on top the markets all day long, you can play these short-term Buys, but we wary, it wreaks of deception and manipulation.
FXP
EDZ
SRS
FAZ
TZA
DZZ
ERY
If you are a subscriber to my private email list, I have some special fun reserved for you. So excuse my placing this particular basket up for all, it will pale in comparison to what we will be doing with the Trend Models already being followed and the ones that will be added in the next few weeks. Diversification will be the direction and fine tuning will be our focus. By the time this market debacle is in full and unmistakable force, we will be thoroughly entrenched in some very exciting and lucrative positions.
As for the skeptical, "What if Allan is wrong" contingent, that is the wrong question to be asking. We are trading in sync with some very astute longer-term Trend Models which by their very definition and creation are the markets. They are our navigators through the markets this year, so it is not what Allan thinks, it is what the markets are doing and they are showing their hands in our charts, every day, every week, every month. All we have to do is go along for the ride.
The time and trend are now.
Trade long and prosper.
A