An index we keep of the total value of the stock market divided by the price of gold has rebounded to the level that we saw at the October 10, 2008 stock market price momentum low. After that momentum low…Continue Reading →
We increased our short positions in the Aggressive Portfolio this morning. At the moment the face value of positions as a percent of total portfolio assets are: EMA ETF: short stocks 37 %, short commodities 10 %. Aggressive Portfolio: …Continue Reading →
The restructuring of the auto industry is kind of the completion of the meltdown prevention phase of the Greenspan Bubble pop. The Obama administration has focused on restructuring the parts of the economy that were too big to fail, like…Continue Reading →
In the EMA ETF Fund we are now 47 percent net short (leverage of .47). This is made up of in terms of total assets: stocks we are .37 net leveraged on the short side, and in commodities 0.10 leveraged…Continue Reading →
Based on our 2009 outlook which we published here on March 9th, all the major markets that we follow are in the upper quartile of projected prices for this year. Does that mean we should sell them, probably not too aggressively, but…Continue Reading →