Let's Go Higher

Well, we've arrived at the last projection and surpassed that.  We are not surprised at surpassing the last projection because I can't remember if I posted my long term projecton in an earlier post but even if I did it probably warrants reposting.
My long term projection is for 18,974 in the DOW.
My near term projection is for 16,320 in the DOW.
I will continue to dollar cost average any long term investment money into a total stock market index fund.
Once we hit the 16,320 area, I will post again.
Thanks for reading, see you next time.

Right Now

Well, this will be short and clean.  We are not concerned with the stock market right now.  We believe it will move higher.  My near term target is 15,920 in the Dow.  Currently, we are backing up but you expect to back up a little bit in August. 

This market should find support around 14,973 in the Dow and move higher from there.

I will continue to be all in the total stock market and dollar cost average, on a monthly basis,  any additional long term investment money into the total stock market.

That's all I've got for you right now, thanks for reading.

2012 Year End Report and 2013 Market Outlook

2012 has come and gone and we are left with another profitable year.

We began the year at Dow 12,217, reached a high of 13,662 on the Dow and settled at Dow 13,104.

Now remember, we time the markets using the Dow Jones Industrial Average but we only invest in the total market (when it’s the right climate for stocks).  Using our strategy we realized an approximate 17% gain in 2012.  Had we not decided to ride out the baby drawdown (10/05 – 11/16) we could have picked up a couple of extra points but all in all, 17% is pretty damn good.  I’ll take it.

In contrast, Bond investors earned almost 4% and Money Market investors earned about 0.04%.

So what am I expecting now?  The market is telling me to stay long of stocks.  If you listen you can hear it saying “Stay long, I’m not turning.  Stay long, I’m not turning”.  Well not turning soon anyway.  I am confidently expecting  14,115 in the Dow before we need to pay any more attention.

I will continue to invest any long term money I have in the total stock market.

I’ll let you know, right here, if something changes.

Thanks!