|
Dow 30 Market Timing
By Kenneth Coleman
There are 13 bears, 10 bulls, 4 holds, 3 basing stocks. I should
remind readers that the signals buy, sell, hold, sell short, cover
short, & basing are not direct signals. That would not be good advice
for a newsletter that is published once a month. The signals are
alerts. They are to alert you of possible drops in value. The buy
signals can be used as an action signal. The hold signals mean the
money flow is about neutral. The NYSE Money Flow Index is still
signaling a sell. During these periods, there seldom are any real
values in the stock market.
I believe the stock market is in a period of uncertainty. The
market has not yet digested what may happen in Kosovo & what it
will mean to global economies as well as our own. The market needs
to know if we are shifting to a more price inflationary environment.
Finally, the market needs a better read on future corporate earnings.
This is a good time to pursue laggards & losers. As David Holt warns,
don't act in frustration, but do keep a close watch on your protective
stops. [Editor's Note: Ken's comments/data reflect his opinion at
4/2/99.]
| Corporation |
Symbol |
Phase |
| AT&T |
T |
5 |
| Alcoa |
AA |
2 |
| Allied Signal |
ALD |
3 |
| American Express |
AXP |
4 |
| Boeing |
BA |
5 |
| Caterpillar |
CAT |
5 |
| Chevron |
CHV |
3 |
| Citigroup |
CCI |
3 |
| Coca-Cola |
KO |
5 |
| Disney |
DIS |
5 |
| DuPont |
DD |
2 |
| Eastman Kodak |
EK |
5 |
| Exxon |
XON |
1 |
| General Electric |
GE |
3 |
| General Motors |
GM |
5 |
| Goodyear |
GT |
1 |
| Hewlett Packard |
HWP |
5 |
| IBM |
IBM |
5 |
| International Paper |
IP |
3 |
| J.P. Morgan |
JPM |
4 |
| Johnson & Johnson |
JNJ |
3 |
| McDonald's |
MCD |
5 |
| Merck & Co., MRK |
|
5 |
| Minnesota Mining |
MMM |
5 |
| Phillip Morris |
MO |
5 |
| Proctor & Gamble |
PG |
4 |
| Sears |
S |
1 |
| Union Carbide |
UK |
2 |
| United Technology |
UTX |
3 |
| WalMart |
WMT |
4 |
|
| Phase Suggested |
Action Suggested |
Phase |
Action |
| 1 - 1-1/2 |
Cover Shorts |
5 - 5-1/2 |
Sell |
| 2 - 3 short |
Buy |
6 - 6-1/2 |
Sell |
| 3-1/2 - 4-1/2 short |
Hold |
7 - 7-1/2 |
Hold |
[Editor's note: Ken Coleman is the country's only "Investment
Tracker." He tracks all the money flowing into & out of the total
investment spectrum of G7 nations. Due to his unprecedented timing
predictions using money flow analysis, he, like Larry Oakley, is
in Who's Who in the World in Finance & Industry. He is editor of
Kenneth Coleman's Investment Tracker newsletter. Call him at 760-720-0107
or call the publisher at 800-380-2891.]
Special Invitation
If someone passed this copy on to you, we invite you to join our
international group of elite subscribers. They are conservative
investors who like to put a small portion of their funds into special
situations. They want to make more with the 10% they put into those
situations than they make with the 90% they put into everything
else. They are from all the lower 48 United States... & such diverse
places as Alaska, Austria, Bermuda, Canada, Curacao, France, Hawaii,
Hong Kong, Marshall Islands, Mexico, Netherlands, The Philippines,
Saudi Arabia, Singapore, Sweden, Switzerland... No other newsletter
provides you with the value & capital appreciation potential you
get in Conservative Speculator. Investors like this newsletter.
Every day we hear comments like: "I used to read many newsletters
-- now I only read Conservative Speculator."
Brokers like this newsletter. One in Seattle says: "In the last
two years, every situation we got from Conservative Speculator made
money for our custom-ers." One on Long Island says: "Conservative
Speculator is the only newsletter we now follow -- the situations
we get from it have all made money." The Robb Report quotes Joseph
Popolow who has been in the brokerage business over 30 years: "Conservative
Speculator does a very professional job in detailing the specifics
of invest-ment opportunities without hyping any situations." Conservative
Speculator is often quoted in The New York Times, Bull & Bear, Today's
Investor, The Robb Report, Opportunist, PIN, Associated Press Greenwire,
Ed Taxin's Business Radio, SMI's Shows, etc.
Check or credit card accepted (Visa, Master, Discover, Novus,
Bravo). As a FREE bonus, we'll make Larry Oakley's 60-page booklet,
"Winning Investment Strategies" available to you. To subscribe,
call 843-705-5591, fax 843-705-5592, or write 5 Savage Ct., Bluffton,
SC 29910.
...back to the beginning, click here
|