Sep 10 2008
Technical Indicators
Walking through StockCharts such as this graph for VOT, ETFs that are showing weak RSI graphs are growth, international, emerging markets, and commodities. A weak RSI is when the graph penetrates from above to below the 30% line. Mid-Cap Growth is a particularly weak asset class at this time.
When one experiences a market such as what we are now in, it is a good time to look at the technical indicators for each asset class in the portfolio and then review each asset class to see which ones are below target. If cash is available, consider adding to weak asset classes when the signals turn positive. I will give a few examples over on the Premium Content side of the blog.
Lowell Herr
Photograph: Chengdu, China
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