I am more than happy to close out 2011 and am carefully monitoring the price evidence as we welcome in 2012. There are significant changes appearing as the new year rolls in.
Since late Summer of 2011, I have noted the change of the primary trend to the downside for the first time since this important price trend turned up during the Q2 of 2009. Today the primary trend remains down. But there is underlying evidence that suggests that the primary trend may be at risk of changing again to the upside. I am seeing indications of a reversal in the primary trend that did not appear in the downturns in early 2000 and late 2007.
At Sherwood Forest, we are not “Perma Bear’s” We are Trend Followers. We have been following trends successfully for several years. When the trends change, we change. We find this strategy far superior to the concept of “forecasting” the future. Another potential primary trend change brings up two important points that I would like to briefly discuss. At Sherwood Forest, we believe that risk management is paramount in long term investing success. We employ several structural risk management strategies.
(Download Report Here)
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Reviewing Sherwood’s Objective, New-Year Market Conditions
I am more than happy to close out 2011 and am carefully monitoring the price evidence as we welcome in 2012. There are significant changes appearing as the new year rolls in.
Since late Summer of 2011, I have noted the change of the primary trend to the downside for the first time since this important price trend turned up during the Q2 of 2009. Today the primary trend remains down. But there is underlying evidence that suggests that the primary trend may be at risk of changing again to the upside. I am seeing indications of a reversal in the primary trend that did not appear in the downturns in early 2000 and late 2007.
At Sherwood Forest, we are not “Perma Bear’s” We are Trend Followers. We have been following trends successfully for several years. When the trends change, we change. We find this strategy far superior to the concept of “forecasting” the future. Another potential primary trend change brings up two important points that I would like to briefly discuss. At Sherwood Forest, we believe that risk management is paramount in long term investing success. We employ several structural risk management strategies.
(Download Report Here)
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This entry was posted in Market Commentary. Bookmark the permalink.