Market Alert: SELL signal

Market Alert: SELL signal generated

Friday's market action produced a RUM Wave sell signal.  While a temporary rebound may occur, continued medium-term down trend is likely.  The previously issued "Secure Profits" signal occurred near the short/medium term market peak and yielded a return of 8.3% during the period 20 August to 22 September utilizing a 3x DJIA ETF (symbol UDOW.)  Cumulative 2013 RUM Wave performance has been 100% profitable on buy / sell signals while yielding 45% return on the notional portfolio below.

Market ALERT: Status change to SECURE PROFITS

Status Change to SECURE PROFITS.

My indicators are showing signs of peaking.  Although a "Sell" signal has not been generated, I think it is a good time to employ profit securing strategies on short term equity market investments, particularly the leveraged ETFs that I like to trade.  I like Trailing Stops (or just Stops if your trading platform does not allow trailing stops) if you cannot actively monitor your positions.

Prepare to secure profits

16 Sep ALERT:  Prepare to secure profits.  Market conditions have reached an overbought status according to RUM Wave indicators.

13 Sep Update, +6.9% this wave

UDOW investment is up 6.9% from Aug 20 purchase price.

September Wave

Update to the sample profile ledger below as of market close on 12 Sep.  I put out the buy recommendation (using the needles above) on 20 Aug.