The Last of the Greenspan/Bush Rallys

Too big to fail, those words are ringing over the news wires, maybe forced socialsim might be a better description.  In any case this is the last of the rescues to eight years of windows and mirrors.  From a time/price standpoint, this rally could go till October 6th and top out at 1373 basis the S&P 500 . 

We ended up at 71 percent net long on Friday in the Marketocracy Portfolio and do not plan to add to positions.  The macro objective is over the next 30 days to get into 100 % cash in traditional accounts,  get short in the Hedge Accounts, and become prepared for the inevitable Crash.

8:09 AM CDT

Leave a Reply

Your email address will not be published. Required fields are marked *

12 − 9 =