When Accumulation Becomes Evident, Try This

  • February 22, 2005
  • Tim Truebenbach

The
market posted a third distribution day out of the past 9 trading sessions. 
This is now way to begin a new rally.

 

 

Individual stocks are feeling
the pressure as we see leading names like Apple (AAPL) and Google (GOOG) face
the pressure.

 

 

With individual stocks, if
they start trading below key areas of support on heavy volume, that is a good
indication they aren’t going to rise anytime soon.  The market is apparently
struggling to get a grip on the economy and world political stage.  For now,
the best thing to do is limit investments to small amounts in single stocks
and keep stops very tight.  Key in on ETFs for a sound way to play the market
when accumulation becomes evident.

Tim
Truebenbach