Contrasting the NYSE Composite's early-August peak with its prior May peak, the NYSE's McClellan series has significantly degraded, and really is well-poised to accommodate heartbreak ... even to yesterday's most imminent prospect minimally sinking major indexes to their respective 200-day moving averages, which very well could be merely one step on the way to a much, much worse disaster (as in major indexes quickly falling to within ranges last seen in the 1987-1994 period, a la the ghost of 2008 whose name was "Where'd that come from")...
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© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
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