2011/08/08 www.thebully.com - domestic Trend Tracking Index (TTI) slides into bear market territory

Whereas Ulli Niemann's international Trend Tracking Index (i-TTI) has been in bearish territory for a while (since 16 June 2011), his domestic TTI took a bit longer and triggered its SELL SIGNAL just yesterday 8 August 2011. In his blog www.theETFBully.com Ulli Niemann writes:

"This means, if you track major trends in the market place, we have now officially entered bear market territory, and no equity ETFs/funds should be held. If you followed my recommended sell stop discipline, you sold your equity ETFs/funds some time ago, as their trailing sell stops got triggered, and this now merely is a confirmation of the recent downward trend."