The BUY to SELL cycle lasted 7 days in the Market Breadth
Ratios Indicator. During this time we did not get a reading over 500 in the “4%
up” column. This shows there was not much strength in the move.
As noted in the blog of June 30th. “Since the Growth Momentum Leaders stocks
did not participate to the level expected, we should Buy/invest only 20% of the portfolio in these types of stocks.
If your portfolio rises by 2%, then BUY another 40% of the portfolio. If it
goes up another 2% be fully invested.”
The money management aspect
of investing is very important to limit the downside risk.
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