S&P 500 Update for the Week Ending August 7, 2009

If we get a buy signal next Friday, August 14, 2009, the signal would become effective Monday, August 17, 2009. The strategy that I will implement is to average back into the market. Over the next four Mondays, if a buy signal is generated, I will allocate 25% of my investment portfolio to the equity side of the market. For a refresher on the various types of Exchange Traded Index Funds (ETFs), refer to my post of Saturday, July 25, 2009.
Note: To enlarge the chart, double-click inside of it.