2011/05/30 DOMINO rally still on

In last week's post it was pointed out, that many of the world markets are now on the edge of starting a most likely powerful run in either direction. While everybody was waiting for the kick-off of the DOMINO rally in those markets, they did nothing but stay put last week. The daily chart of the SPY on Friday May 27 shows, that the S&P 500 snapped back into its converging triangle just to show its indecision in form of a spinning top.

Other markets behaved similarly erratic, caught in between support and resistance, as shown nicely in Chris Kimble's blog "Groundhog Day" in the broad markets of last Friday.
              So stay on alert for the kick-off, the DOMINO rally is still on !

2011/05/23 kimblechartingsolutions.com: still waiting for the DOMINO kick-off

Global Markets are at a decision point, a dangerous situation, but also one that can be taken advantage of. The DOMINO game is still on! Keep an eye on Chris Kimble's new post "World on a high wire ...", in which he shows a great chart comparing snap-shots for the markets France, Germany, London, EAFE, Shanghai, and the S&P500. Chris concludes "... if one breaks support, several could !!!", so watch out for a move in either direction.

While it is still very early in the week, note that the S&P 500 actually HAS already dropped below the trendline established in August 2010. Possibly, there could be some very nice plays on the defensive side coming up this week.

decisionmoose.com: evaluation of IWM performance during last investment period

Had you followed decisionmoose.com 's weekly signal during the last investment period
Dec 6, 2010 to May 2, 2011, you would have made a nice profit on the IWM (iShares Russel 2000 Index Fund ETF):

Buy IWM @ ~76 on Dec 6, 2010, Sell IWM @ ~86 on May 2, 2011
          Profit = 10/76  = 13.16 %       in about 5 months, great run ...             

Let's see how GLD (Gold) will be doing, decisionmoose.com 's present pick since May 2, 2011
Buy GLD @ ~151 on May 2, 2011, with GDL @ ~145 on May 18, 2011               

2011/05/17 kimblechartingsolutions.com: S&P 500 gives early warning signal - DOMINO effect ahead?

On May 14, Chris Kimble posted an eluding summary chart of six very important indices, all of them run up against resistance and testing support. He also noted that "..., risks are much higher than normal right now" and asked "Great escape time?" In his follow-up post of 17 May he then suggested that the observed move of the S&P 500 below support should be watched with great care, as "odds are very high that support across the board will break!!!", so his words.

SO BE ON HIGH ALERT FOR A DOMINO EFFECT !

2011/05/05 kimblechartingsolutions.com: watch this important action in U.S. Dollar, Crude, Gold, Silver, Copper, Cotton, Sugar !

On May 4, Chris Kimble's long term chart strongly suggested a major trend change for the U.S. Dollar. In his blog he noticed yesterday's significant action in Crude Oil, Gold, Silver, Copper, Cotton, Sugar and other commodities, which should be watched carefully. This might be the beginning of a major market trend change, with some parallels to the situation in 2008, when the U.S. Dollar rallied sharply,

2011/05/02 decisionmoose.com signal: switch from IWM to GLD

After the weekend a new signal was published at http://decisionmoose.com/Moosignal.html :

Sell: US Small-cap Equities IWM 

Buy: Gold GLD

More details about the portfolio and the transaction history at:  http://decisionmoose.com/Moosistory.html