"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Saturday, May 2, 2009

NFTRH31 Out now

NFTRH31 looks at risk, risk and more risk from several different angles (indicators). NFTRH was among the first to be bullish coming out of Armageddon '08, and true to form, will probably prove hasty in going to full risk mode. But it is better to take some profits and be too early than the alternative.

As unsettling as it is, NFTRH and this woman actually share an upside price target on the S&P 500. But as the market rises, so does the risk and I would prefer to just sit this one out for now while holding the only sector I believe is actually bullish in the big picture and a good chunk of cash. NFTRH31 out now.