In the next few days we will provide performance updates on the portfolios for 2008 and some ideas for 2009. John Mauldin’s weekend letter made some good points, see links section on this website. For us the main thing to…Continue Reading →
We have made no changes in the portfolio since the last listing in mid-December. Our comments of December 23rd still are a good reflection of the bigger picture. Bad data will still keep coming but the market is looking forward. …Continue Reading →
As the market winds down the holiday period it gives all of us time to reflect and look at the future. To us some things stand out: 1) Headlines tell a story. In looking at headlines this month a couple…Continue Reading →
No change in positions today. Fed meeting today along with auto rescue will continue to predominate. As to our view of the markets you may want to reread comments of the past few weeks. As the Fed tries to put…Continue Reading →
There is a lot one could talk about here, but it would be difficult to sort out what is important from what is bull. The market remains at an important juncture. We have an open mind. Our Aggressive Portfolio Net…Continue Reading →
The 900 area of the S&P is of crucial importance here. So far the market has jogged around it, and it may take a 10 day average over 900 to get follow through, but in any case this is the…Continue Reading →
Our portfolio that we run on the Marketocracy site allows leverage up to 2.0 (or 200 percent depending on how you describe it) of account value. We disclose our leverage on this site to provide you a window to what we…Continue Reading →
Technically a close over 900 on the S&P is a breakout with a 1040 short-term objective. Other than that, read the news, it is terrible. Also reread last weeks comments here. There is nothing new to add. 7:55 AM Update…Continue Reading →
Unemployment over 500,000, a big number and the Fourth Quarter GNP numbers will be really bad. There is a lot of talk that it is too dangerous to be long or short in the market, and you will know when…Continue Reading →
All this deflation talk coming out these days has to be taken with a grain of salt. House prices were 46 percent above trendline in 2005 and haven’t even come down to trend which is still headed higher. Now Bernanke…Continue Reading →