The Average Investor's Blog

A software developer view on the markets

The Weekly Update

Posted by The Average Investor on May 23, 2011

Another week in the red, but no new sell signals yet, mostly due to the significant profits the indexes delivered over the past few months. In other words, there is no reason to think this is more than a long-overdue correction.

Asset Symbol Position Date In Gain
US REIT VNQ Long 2010-07-23 21.55%
S&P 500 ^GSPC Long 2010-09-30 16.83%
Nasdaq 100 ^NDX Long 2011-03-25 1.72%

The economy is probably not too bad anywhere in the world, but the excessive amounts of debt keep people and governments hostage. A small turbulence can easily escalate into a major disaster for the same reason. Pneumonia is not too dangerous on its own, but it can be terminal if ones immune system is already weakened for whatever reason.

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