Sometimes it can pay for investors to put their money in a “Shoe Box” (not have monies at risk).
If an investor had put their money in a Shoe Box in 1929 (prior to the Dow declining 90%), 3 years later they would have had a 900% GAIN IN PURCHASING POWER! 100% Purchasing Power gains would have taken place if monies were put in a shoe box during the broad market declines from 2000 to 2003 and 2007 to 2009!
Below is chart with a couple of proprietary tools I use to help decide when short and long-term/401k plan investors, should put some money into a “Shoe Box!”
CLICK ON CHART TO ENLARGE
As can be seen in the top chart, these leading indicators have not sent a “Shoe Box” signal at this time…..yet they are very close. Stay tuned!!!
Dave….Thanks for this comment. If you would like info per Premium Members, please send me an email at [email protected] and in the subject line enter “Premium Member info request” and I will forward you info on how to sign up.
All the best,
Chris
Chris,
I’ve looked all over and don’t find info on premium membership. Would love to know the details.
Dave
Aaron….nothing to do with Gold/Silver. SLV is up against what used to be channel support and the monthly closing high back in 1980 on the rally today…lets now see what happens. A few bullish patterns for sure in the hard hit commodity arena!
Bruce…I shared the indicator so that people can see that despite concerns on these fronts…Debt, Oil, Mideast, Japan and the list goes on and on, the Shoe Box indicator HAS NOT issued a sell signal. I get messages from all over the world per people missing out on this rally or shorting it and going backwards, I wanted to share that a decent tool, that doesn’t give many sell signals, has not give a sell signal as of yet.
Thanks for this comment and your viewership.
Chris
Hi Chris,
Does this set of indicators help with interpreting silver and/or gold?
I bought ZSL @ 19.0 this last time and sold at 20.52 (5% trailing stop loss). It seems that the 50 SMA is acting as serious resistance. I want to play silver, but the charts seem to be inconclusive.
Any suggestions?
Aaron
Thanks for what you do. I have been moving money from my IRA equity funds into the money market. I’m thinking that sitting in cash for a while might be a wise move.
Andrew… I will post this info on the blog, yet please understand that “Premium Members” will always be the first to know of a major signal such as this well in advance.
Since these are in house tools, are you going to keep us posted as to when the leading indicator gives the shoe box signal?
thanks again!
Hey Bill….Thanks for you viewership and kind words. Much appreciated!!
The Red/Blue lines are in house tools I developed/discovered that have helped me a ton since the late 1990’s.
Chris
Chris
I don’t understand the top chart…the Blue and Red lines. What does each represent?
Love your observations and after many years in the securities industry, I continue to learn new ways to “draw the lines”
Bill