PMRA Market Bottom Indicator Successfully Detected 2009 Stock Market Bottom
Protect My Retirement Account.com (www.ProtectMyRetirementAccount.com) has developed an extraordinary new technical indicator called the "PMRA Market Bottom Indicator" that detects stock market bottoms with amazing accuracy.
The Woodlands, TX (PRWEB) October 26, 2009 -- In the Protect My Retirement Account.com blog entry back on March 21st, 2009 entitled "Forming a Sustainable Bottom", CEO and Chief Technical Analyst, Joseph Soltra, wrote "… our proprietary PMRA Market Bottom Indicator is currently showing a large positive divergence with the S&P 500 Index, indicating that the overall market for stocks is definitely gaining strength. It is just a matter of time before the demand for stocks will begin to drive prices higher, causing the Dow Jones Industrial Average and the other major market indexes to rise once again over the long term." Now, seven months later, the Dow Jones Industrial Average is up almost 38% from that point.
Mr. Soltra stated, "I started Protect My Retirement Account.com because buy-and-hold stock investing just doesn't work anymore. Over the past ten years, investors have been through two of the worst stock market crashes in history and have seen their retirement savings and their retirement dreams disappear - even investors who were very well diversified".
Continued Mr. Soltra, "In these volatile financial times, diversification is simply not enough. Investors facing retirement who are looking to preserve capital as well as enjoy significant returns are recognizing the severe limitations of traditional buy-and-hold stock investing."
Lily Rodriguez, who has been a subscriber to the PMRA service since August 2009, said, "After losing so much money in my retirement account before deciding to put my savings in a money-market fund, I thought I would never invest in stocks again. Since I subscribed to your service, I'm now invested in stocks at the right time. Thank you!"
Here is a link to the Protect My Retirement Account.com blog so you can check it out for yourself: http://protectmyretirementaccount.wordpress.com/.
Also, check out the PMRA Market Bottom Indicator page at: http://www.protectmyretirementaccount.com/market_bottom_indicator.html
On this page, you can see how the PMRA Market Bottom Indicator also detected the 2002 stock market bottom.
About Protect My Retirement Account.com
The Woodlands, TX -area www.ProtectMyRetirementAccount.com helps investors protect their retirement savings from major stock market declines by providing a subscription based E-mail alert service that advises investors when to be invested in stock based mutual funds and when to be invested in cash equivalents such as money-market mutual funds or stable value mutual funds.
Contact:
Joseph Soltra, CEO and Chief Technical Analyst
Protect My Retirement Account.com
(713) 401-2836
http://www.ProtectMyRetirementAccount.com
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