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INM August 2011 - Don't Lose When You Don't Have To
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
CANSLIM.net


We have come a long way from when the March 2010 issue (read here) of Investing for the New Millennium stated - "Many are bracing for a 'double dip' recession and doubting the jobless recovery's tenacity.  Others would question whether the coordinated stimulus efforts by certain world governments have sown the seeds for an even more cataclysmic financial crisis in the future."  Today the S&P 500 Index is 19 points (+1.7%) higher.  That understates the great opportunities investors had for big gains in high-ranked individual issues over the past year and a half as the benchmark index rallied as much as +24% higher before the latest correction took hold.

A healthy crop of strong stocks has always been the lifeblood of any sustainable bull market.  The rather thin field of candidates within close striking distance of their 52-week highs is a disconcerting sign.  There are currently only 51 high-ranked stocks on the Leaders List which are perched within 10% of their 52-week highs. The latest rally attempt has not produced the ideal follow-through day (FTD) of gains in the most preferred window between days 4-7 of the new rally effort. If the follow-through gains of better than +1.7% on higher volume occur from one of the major averages soon, hopefully the conviction of institutional (the I criteria) buyers will be very obvious and leadership will expand meaningfully. A key component to a solid FTD, however, is an expansion in the number of stocks breaking out and hitting new 52-week highs.  

There is great wisdom and little potential harm in staying heavily weighted in cash or cash equivalent investments while awaiting a FTD. Disciplined investors do not force trades or generate trading activity that deviates from the fact-based investment system.

Some very big questions remain unanswered about the future.  The Obama administration inherited an economy with some very big problems. The expansion of the deficit and lack of fiscal responsibility under his watch, coupled with instabilities in the global markets, raised fresh questions about the US and its ability to stay solvent.  The country has lost its Triple A credit rating, and it faces further downgrades.

The discouraging environment will eventually pass. Investors striving for "above average" investment results should know that sometimes their best chance to get ahead of the pack is by simply avoiding a setback. Don't lose when you don't have to!

Now may be a great time for investors to call upon our team of specialists in individual stock selection and portfolio management. I remain dedicated fully to using the same proven investment system which has served us in good times and bad. The investment system is hard for many investors to apply on a day-to-day basis because emotions and other forces often lead investors to deviate from the rules-based approach.  

Source Capital's executive management team and operations personnel at our Westport, Connecticut headquarters support our Lighthouse Point, Florida office's efforts to provide investors unique and highly professional service. Source Capital Group has experienced experts with knowledge in other areas including increasingly popular annuity products for those who are seeking secure, safe, guaranteed investments. The firm's PDF brochure is available for download (click here). Better still, call 1-888-237-8399 to speak with one of us about your specific investment needs and goals, and consider putting our team to work for you!

About Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net :
Kenneth J. Gruneisen has successfully completed the CAN SLIM® Certification Program.  Mr. Gruneisen became a Registered Representative in 1987 and his career includes experience offering personalized assistance to investors with more than a decade of experience as a Registered Principal managing a branch office.

The recommendations made by CAN SLIM® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.


Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.

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The recommendations made by CAN SLIM® Certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil + Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil + Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

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