Ian Woodward's Investing Blog

Goldilocks is exhausted and is looking grubby

My August High Growth Stock Newsletter for subscribers will be published tonight. Here is an overview for those who are not regular subscribers. If you are interested in subscribing use the link on the right side of my blog and go to the HGS website.

The sub-prime loan fiasco finally caught up with the market and we have been on a roller coaster ride this past month. Intra-day Volatility has been extremely high with swings of 200 points up or down in a day becoming commonplace. All Major Market Indexes are either at or close to their 200-dma lines and have recently printed 4-month closing lows this week. The seemingly low volume early this week may be attributed to seasonality and some “black box” trading firms who are taking a break until the dust settles.

I have done full treatment on Change Management as a precursor to good Money Management in this month’s newsletter, and describe the ten criteria which are important. I note in passing that the Benchmarking Process I use for Target Setting established an Intermediate High for the S&P 500 of 1557, and I am pleased to say that the current high peaked at 1555.40, which once again proves the process and tests of reasonableness used will get very accurate results with minimal surprises.

Ron Brown, my colleague has applied his attention to the Accumulation/Distribution criteria to find emerging stocks that have pedigreed earnings credentials and are emerging from a C+ through B accumulation. The clever application of certain criteria to the process of filtering and reserving other factors for the Combo Rank function gets the cream of the crop to the top. It’s pretty neat stuff using proprietary HGS software functions.

2 Responses to “Goldilocks is exhausted and is looking grubby”

  1. MaynardB Says:

    I have just received my copy of the newsletter. Though it is late in the evening of August 15, another bad day at the market, I couldn’t wait to see what you had to say. 5 stars gentlemen.

    Though I have attended many workshops, and have used the HGSI Software from its inception, you both have again taught me new tricks.

    Trading, Stock Picking, Investing is not mechanical. Your creativity proves that it is Mind plus Method that creates Management (MMM) results that count. This one newsletter is worth at least 10X the annual cost of the software plus the Newsletter. One is no good without the other. It shall reside at my finger tips as a daily read as I analyze the markets each day.

    Thank you both for your devotion to all of your supporters.

    Maynard

  2. ian Says:

    Hi Maynard: On behalf of Ron and myself thank you very much for such a glowing testimonial that does our hearts good. We have always appreciated your counsel and keen judgment and as you well know, you keep us on our toes with your keen insight.

    One added point in this time of some nervousness and turmoil that we should throw in the hopper is “Expect the Unexpected”. Next week is another chapter and it will certainly be interesting to see how this plays out.

    Many, many thanks for all your support.

    Best Regards, Ian.

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Disclaimer: Commentaries on this Blog are not to be construed as recommendations to buy or sell the market and/or specific securites. The consumer of the information is responsible for their own investment decisions.