Seeking Alpha

Maximize401k's  Instablog

The recent financial devastation coupled with 401k's becoming the new pension plan point very clearly (in my opinion) to the need for control. Control your 401k, don't let it control you. Max out not merely your contributions to it, but max out it's performance using a disciplined and... More
My blog:
Maximize401k
  • Market Could Be Vulnerable; New Stock Picks for Model Portfolio: PWRD, MSTR 0 comments
    Oct 25, 2009 11:28 AM | about stocks: PWRD, MSTR, MOS, FCX, BPOP, YONG, SFSF, ISRG, VPRT, QSII, GMCR, HL


    PERFECT WORLD, INC -- PWRD, Daily Chart




    MICROSTRATEGY INC., MSTR, Daily Chart



    Last week I implied there might be a choppy market ahead.   To illustrate this most graphically, I am posting a 30 minute line chart of the SPY (below).  Please pay attention this week to market conditions.  If there is continued weakness, a major market reversal in the form of a intermediate term, or even long term reversal could take place. 

    Remarkably, the model portfolio held up very well last week, and in some cases the positions actually gained momentum (see SFSF).   In other cases, such as YONG (which experience about a 20% pullback) there was a volatility reversal, and yet maintaining gains.  Using YONG as an example, do NOT let a winner turn into a loser,if you can help it.  It’s up to you to do individual research on these companies.  Yahoo!  Finance is free, or you may have a subscription service that you prefer.



    My purpose is not to go into any details about the fundamentals (financials) of the companies that are placed in the model portfolio.  In fact,  I don’t even tell you what they do.  This information is easily obtained, and my intention is to accomplish my purpose with as little writing as possible. 

    There will be more writing (most weeks) about news that affects the 401k, and about the general philosophy of maximizing your 401k (or other retirement accounts).    Most “newsletter” writers like to write a lot of stuff.  I am doing things a little differently here.  The returns are taken very carefully, and if you read back in previous post you will see that the model portfolio is also a “market gauge.”  In fact, you can search this blog for the word “gauge” and you will find that very post!

    Blog:  Maximize401k.wordpress.com

Back To Maximize401k's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »

StockTalks

  • MDY - see nice chart of short signal at my Instablog. Pretty spectacular! Blog: Maximize401k.wordpress.com
    Oct 31, 2009
  • PWLD - added to model portfolio. See comments. Maximize401k.wordpress.com
    Oct 25, 2009
  • MSTR - added to model portfolio. See comments. Maximize401k.wordpress.com
    Oct 25, 2009
More »
Posts by Ticker
ATPG, ATW, BHI, BJS, BPOP, CAM, DO, DRQ, ESV, FCX, FST, FTI, GLBL, GMCR, HAL, HERO, HL, HLX, HOC, ISRG, KOG, KWK, MDR, MDY, MOS, MSTR, NBR, NE, NOV, PDE, PDS, POWR, PQ, PTEN, PWRD, PXD, QSII, RDC, ROYL, SFSF, SII, SLB, SPY, SSN, TSO, VPRT, VQ, WFT, WLL, WNR,

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.