The VectorVest RealTime Derby will be ready to go at the opening bell on Monday, June 15, 2009. It will run 192 Strategies, 159 Long and 33 Short, as of the previous day's Close, create a mini-portfolio of the top 10 stocks from each Strategy; then track, rank and display each portfolio's performance in real-time from the opening bell to its close. The RealTime Derby is incredibly easy to use and takes trading to a whole new level.
A FREE Two-Week Trial is available now at
www.vectorvest.com/derbytrial. But you must have VectorVest RealTime to use this Tool. You may subscribe to the RealTime Derby for only $99.00 per month or $1,095.00 per year. Elite members may subscribe for only $995.00 per year. It's Simply Amazing.
FAIR WARNING.
If you've been checking in on the Daily Color Guard Report, you should be well aware that the market has been as flat as a pancake for the last seven trading days. This pathetic performance is the clearest sign yet that the rally from the March 9th bottom is running out of steam. The "Canary" saw it begin to happen a lot earlier.
The Price of the VectorVest Composite closed at a rally high of $19.57 per share on Monday, May 8th. The Buy, Sell Ratio, BSR, a.k.a., the Canary, also closed at a rally high level of 6.21. After the market moved down the next three trading days, the BSR stood at 3.70. As the market recovered from its three day swoon, and even hit new highs, the BSR did not return to its former high of 6.21. This phenomenon of rising Price and falling BSR is not new to us, and I wrote about it in the Strategy section of the May 22nd Views. I said it defines the end of the "blast-off" phase of a rally and the beginning of the "glide" phase.
Since the glide phase of a rally reflects a period of diminishing price momentum, one should become less aggressive and more defensive in managing their portfolio when the Canary has given Fair Warning.
