Dear Visitor,   michaelarold.com                     Investment Outlook October 2009

Contact: info@michaelarold.com   Blog: http://sunshinetrader.blogspot.com/         Disclaimer I'm a private investor. Consult with your professional investment advisor before making any investment decisions based on information on this website. Also, please note that I'm a very short term oriented speculator, who holds positions between a day and four weeks.

Stock Market Investing Through Short Term Trading Strategies

I'm a private investor, who manages some of his assets by trading equities on a short term basis. The investment world has changed substantially in recent years. I believe that new technologies and trends have given private investors the tools to compete with large institutions in trading financial instruments succesfully on shorter time frames. Email me if you would like to learn more about my trading strategy, which I call "Holistic Swing Trading". You now also have the opportunity to automatically replicate my trades through the new Covestor Investment Management platform as a convenient way to participate in the new investment world. Sincerely yours Michael Arold

Going into September, market expectations were low:  after the extensive summer rally, investors were looking for a major pull back, triggered by traders returning from their vacations. The opposite happened: also in the month of September, the S&P 500 was able to sustain the uptrend.  As a result, I kept trading the markets from the long side as well. One rule is to never fight the trend.

Moving into October, we can only state the obvious: „dip buyers” are jumping in on every weakness. The fundamental situation still doesn’t justify the current move, but the market is a forward looking mechanism and therefore seems to indicate better economic times ahead.

October earnings season will offer manyinsights into the state of US companies. Strong results and future guidance could offer the next catalyst to move this market forward. I am therefore positioned on the long side through various high beta stocks, like Apple, Priceline or salesforce.com.

On the other hand, geopolitical events could put this rally to a sudden end. Should we get some major developments in Iran, I will not hesitate to quickly move my portfolio to the short side.