Dan Sullivan: Stay Fully Invested

By on July 29, 2011

Dan Sullivan, founder and editor of The Chartist newsletter, believes the market can break out of its recent trading range to the upside.  Sullivan developed the theory of  ‘relative strength’ years ago.  Despite recent nervousness, Sullivan writes:

“The market averages have actually given an okay account of themselves. All of the averages are still in positive territory for the year. With our models in a positive mode, our advice for long term investors… is to stay fully invested. Traders are advised to continue to monitor the mental stops on a daily basis.”

Sullivan said that even if U. S. debt is downgraded, interest rates could stay low since the budget issues have been known for so long.

Read More: Marketwatch

One Comment

  1. Virginia Vajdos

    July 31, 2012 at 6:31 pm

    Could you please sent me info on both your ETF investment and the stock
    investment. Thanks. Also, are you fully invested in both at this time or what?

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