Step Three 2.24.17

EOM Garden Growing Prep:   Step Three  2.24.17   

Tell me and I forget.  Teach me and I remember.  Involve me and I learn.                                                                                                         Benjamin Franklin


Each day (Ex-Macro Monday) I will give a new “lesson” on how to build your garden. The worksheets in the “Members Vault” will be updated WEEKLY (Saturday) for your weekend research and study time. They are available now. 

Step Three

Analyze BOND and determine the next buy/entry point.

Key Points…
1.   Three Simple Simon Buy Signals were generated since March 2016
2.   In November 2016, BOND dropped 3.1%, and lead to the third SS Buy Signal
3.   Currently, BOND is trading near the 2016 high
4.   One may decide to purchase with a successful test and retracement of the 30       SMA as long as the CMF remains green.
5.   These Money Market Alternate Funds trade different than regular Closed-End       and Exchange Traded Funds.

Action Points….

Make a watch list file for the name of your Garden. For instance, I use DOE Garden 2024 Watch List. Make another file for the actual Garden holdings once the funds are purchased.

Set an alert with your broker if the following conditions hit:
1.   A pullback to the 30 SMA
2.   CMF goes negative
3.   MACD Histogram goes negative

Per my DOE Sample worksheet, no one knows the exact price when the Simple Simon Buy Signal hits, I extrapolated and used a hypothetical $104 per share entry price.

This would give us three shares. The unused funds are swept into the account money market account for future opportunities

On Monday, I analyze the entire market with my Macro-Monday post. On Tuesday, I cover step Four and analyze the entry strategy for TOTL.   

If having problems downloading the “ES Allocation Worksheet” (Members Vault), you may need to click on the “Enable Editing” button in your MS Office application to access the editable “Landscape” format. It should look the same as the PDF version.

When we near the end of this series, I plan to offer an “in-person” seminar to further explain the procedure and answer all question. Since my EOM Members are located from Seattle to Florida, I am working to offer it online with only a few day delay. The location-seminar details will be finalized soon.

When my analysis is complete, I plan to compile all steps into a single PDF document, available exclusively to EOM Members.

If you have questions, please send them to me at 

Enjoy your weekend!

David O. England

Plan your work, work your plan, and share your harvest! 1 Timothy 2:1-2

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

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