Today's Market
by Dr Invest
After the reported fall in unemployment the market rose for the first time in a week, erasing the previous decline. The promises by Bernake to pump money into the market, keeping the market advancing in this election year, could keep investor interest high and the market climbing. Statics do show that in election years, the market is a little over 8% higher.

A major hurdle to the market's advance will be the potential Greek default on March the 20th. While conflict with Iran looms on the horizon, the real impact to the market will be a Greek default and the potential for a domino effect on Italy. A number of voices including Fitch and S&P are saying: "Greece is insolvent and will default on March 20th".

I never underestimate the power of politicians and governments. They somehow find a way to "kick the can down the road" and I think they might well do it again, just before March 20th. Should another successful austerity agreement arise with Greece, March could be a good time to enter the market if only for two or three months.

My plan is this, I am going to ready myself to enter the market with a long-term trade. You will see the method in the SIDE-BAR and selecting the PRO-FOLIO method or Ivy Portfolio method. Do you own read. I would be using the BND, TIP, VNQ, and VT exchange traded funds (ETFs ) buying and selling based on the 10 month "simple moving average".

I hope to make a video show how I will implement these ETFs, so you can follow along and develop your own system of trading. I would NOT enter the market at this time. There is just not enough energy in the market to carry stocks much higher.

(Note: the above information is for entertainment purposes only and not to be used as financial advice.)