Trend Change and Returns Update
We had a second trend change for this year for all 3 major indexes (NASDAQ, S&P500 and Dow Jones) during the month of June. Now all market indexes are in a downtrend and we recommended our members to buy inverse ETFs.
As for the returns, our second trade for 2008 added almost 10% to our portfolios following the NASDAQ and S&P500 indexes and was slightly negative for the conservative portfolio. Here are the year to date returns (closed trades only) for all 3 portfolios:
Aggressive portfolio: +37.02
Moderate Portfolio: +23.67
Conservative Portfolio: +10.22