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Reduced “Slow Money” Exposure At These Price Points

Published 10/14/2014, 03:21 PM
Updated 07/09/2023, 06:31 AM

Possible Levels Of Broken Support

The Power of the Pattern suggested pulling some slow-money-long-xposure off the table at the blue arrows above. One of our goals is to help financial professionals and investors who don't care to trade very often (ride established trends). Slow-money signals are available with several of our research reports. We call assets that aren't designed to trade often or have trading restrictions -- 401k plans, for example -- 'slow-money' assets.

My Shoe Box indicator, High Yield fund patterns, Advance/Decline and a few other tools suggested that slow-money accounts pull some long exposure off the table a few weeks ago.

This was the first suggestion to do so since a buy signal (be fully invested) took place for slow-money assets last September.

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