The Third quarter ends today. I have to admit that we have reservations about a lot of things that have evolved over the past year and certainly this quarter and really don’t know where to start with comments today. Overnight…Continue Reading →
It appears that the Republican Cleanout bill is now starting to work. The Dow is down 625. They can make something work. 2:21 PM CDT 2:46 PM CDT How to build a short-term investment plan around this scenario. Wait and…Continue Reading →
Our blog of April 22, 2008 has, based on comments received, been our favorite piece. On this day of extreme anxiety you may want to go to our Archives and take a second look. 9:19 AM CDT Bond Update: 11:14…Continue Reading →
This is being written on Sunday evening. Investors everywhere are still basically waiting and watching. Will the market verdict be Panic Releif, Genuine Optimism, or Outright Rejection. We will probably have three more days before the votes are completed and…Continue Reading →
Like yesterday there is nothing really new to talk about except that the “Axis of Ignorance” is finally getting it. Just yesterday President Bush said a long and painful recession is coming up; Jack Welch says a deep downturn is…Continue Reading →
Please refer to the last two days comments, they still hold as our views. Our best guess is that a modified rescue program will be enacted in the next week. Gold and oil have tested the top of their trading…Continue Reading →
First, it is always important to decide whether you are an investor or trader or some combination of the two. We believe that very conservative investors, lets call them Level I conservative investors, should have been totally in cash or…Continue Reading →
In reading through the commentary over the weekend it appears to me that John Mauldin probably has the most effective suggestions. I no doubt agree to some of his ideas because I was a trader on the Chicago Mercantile Exchange…Continue Reading →
We are in some ways reluctant to mention that our Tracking Portfolio at Marketocracy made a new all time high today, up 33 percent for the year and 41 percent for the last 12 months. This is with average leverage…Continue Reading →
We have cut total net long positions from a leverage ratio of 1.25 to .18 today. Most of our sales were made on the opening. The stock market still should go somewhat higher in the near term and we are…Continue Reading →