07 March 2014

While I have not finished the monthly numbers, Feb was a good month. My IRA invested in 5 funds was up 5% and my IRA invested in one fund was up 3%. Last year I set up 3 small IRAs to do some other type of investing. The IRA which invests in PDP, PIE, PIZ, and DWAS was up 2%, the IRA which follows in IBD TBP’s Current Outlook was up 5%, and a third IRA which almost follows IBD TBP’s Current Outlook was up 0%. On 25 October (you can review it on flynndj.com) I described the investing method I use for the PDP, PIE, PIZ, and DWAS IRA. The second and third small IRAs follow the method IBD set up in their webinar last year – I mentioned the webinar in July – http://ibdtv.investors.com/ibd-webinars/660901-etf-market-strategy-webinar-061813.aspx. For the second small IRA I invest in TQQQ instead of QQQ and the same for the third, except for the third when IBD suggests you sell half, I sell all, and when IBD suggests you sell all, I buy SQQQ. I also weekly update a 8% stop loss on all of these IRA positions. All three of these smaller IRAs are very simple and easy in their method of investing. It only takes a couple of minutes to manage any of these last three IRAs compared to the couple of hours it takes to do the first two.

For those of you who think the market will continue up read the following http://www.marketwatch.com/story/7-signs-were-near-a-market-top-and-what-to-do-now-2014-03-07.
I do not know which way the market will go.

IBD TBP’s Current Outlook is “Confirmed Uptrend” – time to invest.

My current investments:
Nordic has a price of 46.28, a sell price 43.97, a relative rank of 11, and is a hold.
SSoftware&ComputerServices has a price of 124.66, a sell price 124.16, a relative rank of 08, and is a hold.
SAirTransportation has a price of 62.44, a sell price 59.32, a relative rank of 13, and is a hold.
SBiotechnology has a price of 217.43, a sell price 212.71, a relative rank of 01, and is a hold.
OTCPortfolio has a price of 83.71, a sell price 79.52, a relative rank of 07, and is a hold.

My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My portfolio market exposure after this weekend’s changes
IRA #1 – 100% invested
IRA #2 – 100% invested