We have a sell signal. Get out of the market or sell short, or hedge your long positions.

We have a sell signal. Get out of the market or sell short, or  hedge your long positions. All of our indicies have given sell signals.  This is a very volatile and unpredictable market.  With all of the extraneous political events internationally, we are in uncharted waters.  We never know when politics is going to save a predictable event or make it worse. However, there is reason to stay calm with the power of the Wizard.  There may be choppy areas where the whipsaws can take away a bit of our profit, but it will not destroy us.  Our stops will save the day.

There was an aberration in the market this week that could affect the weekly signal. I am referring to the day this past week, where we had the transaction that sent the Dow down over 1000 points in a matter of  minutes. That triggered the program selling that gave us some data and a range that was really not accurate.  We will monitor this and advise you with an alert blog if conditions change mid week.

We cannot, nor can anyone, predict the markets. We take the trades that the Wizard gives us and know where or stops are and react accordingly. If we do not take the trade we do not have an opportunity to be successful.  That is one of the most difficult tenets of investing to teach. Once we make the trade, we set targets for the possibilities of taking profits and protecting our portfolio.

So you may ask, “What do I do if I did not get short in the past two weeks?” It is very simple with the WIzard.  If you missed the daily or short term signal, you must take the weekly signals. We have sell signals on all of the indicies except the Russell 2000,  which has been in a long position for more than a year.  All of the indicies on the short signals were filled and we have reached both targets already. On the daily or short term signals, we have taken profits and you are now down to a 25% existing position left in the trades.  Now, if you get a Weekly or long term signal on any security where you have a position, there is another possibility that you have with the Wizard.  You can get back into the same trade by taking a full position at the Weekly or long term signal.  To recap the trades: we got short, took profits, have a minor position of 25%  left in our original trade and  are waiting to get back in with the weekly sell signal, with a full position. If we never get filled with the weekly sell signal we will still have the profits from the daily sell signal.  It is that easy with the Wizard.

Have a good week investing and God Bless,

Gene Stunkel

President

TheWizard.com