Read a great article, that says in part: So much for the seasonal strength we were expecting. November was tough with the S&P 500 dropping 4.4%. No rebound in December either, as the "500" fell 0.86%. This has been followed by an ugly start to January.
When the market does not follow its normal seasonal patterns, we think something could be very wrong. We are therefore turning more cautious on the market for the next three to six months, and believe the chances that the 10% correction that we've seen turns into something more like a 15% to 20% decline.
Read the whole article here: http://www.businessweek.com/investor/content/jan2008/pi2008017_306803.htm?chan=top+news_top+news+index_investing
TTFN, Don
Monday, January 14, 2008
Tuesday, January 8, 2008
New Reader
Hey, great news! I have at least one reader out there!
Anyway, the stock market stinks, and I recommend getting completely out today.
TTFN, Don
Anyway, the stock market stinks, and I recommend getting completely out today.
TTFN, Don
Wednesday, December 19, 2007
Where is Santa?
I am selling out to be 80% large cap value, 20% Money Market today. I am down over 4% for this miserable year. TTFN. Don
Thursday, November 29, 2007
All In
Today is a good day to go all in. I think I will go 100% large cap value.
Think good thoughts. TTFN, Don
Think good thoughts. TTFN, Don
Monday, October 15, 2007
Overbought
The market is overbought. So, I am selling 70% of my international fund. That will make me 60% RLV, 10% Mid-small, 10% international. TTFN Don
Thursday, October 4, 2007
Sy Harding buy in
Tomorrow it the first possible day for Sy Harding to issue a Seasonal Buy Signal. And, unless the market crashes today, it is a mathematical certainty that the buy signal will happen. So, if anyone is listening, I advise increasing your stock market allocation today. But, we are short-term overbought, and I am reluctant to go into 2X funds when we are overbought. TTFN, Don
Monday, October 1, 2007
20% international
My new split as of today is 59% Large Cap Value, 21% mid-small cap, 20% International. TTFN Don
Subscribe to:
Posts (Atom)