Overlaying the Little Picture
When we started this blog a little over six years ago we outlined the Macro Picture and then overlayed a short term trading posture in the daily posts. After the success in handling the 2008-2009 crash and following bounce through October 2010 we moved to emphasis on the Macro indicators. That posture has not served us well because the FED successfully carried out a Macro circumvention program in QE2 and QE3. That will change as the chickens come home to roost, but everything takes time.
With a number of posts over the next few days we will be adding shorter term trade/position indicators that will compliment our Macro Indicators which will continue. This will be the first step in a larger process of reorienting our presentation structure.
The first post will be of the Macro Indictors that we have followed for some years.