As we have said before despite everything you hear on CNBC, the Euro Zone problem has been the trigger, rather than the whole reason for the recent sell-off in commodity and stock prices. Markets have been over-priced relative to the…Continue Reading →
From time to time I will be adding some ETF trend indications that I monitor with technical indicators developed by us over the past 30 years and applied to some 140 ETF’s. It should be obvious fighting the trend since last July,…Continue Reading →
The chart below shows our Performance in the Marketocracy Tracking Portfolios that we have maintained since June 2002. The chart is through March 31, 2010 and is on a quarterly basis, the green line being the S&P 500, the blue…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 →
We should get the sell-off to at least the S&P 837 level today. What is different from some of the other sell-offs the market has had over the past few months is that in our opinion from comments, speculative sideline…Continue Reading →
Numbers and Charts can be seen on these links: quarterly-based-chart-2002-2009.rtf weekly-based-chart-for-bear-market-2007-2009.rtf performance-table-3-31-09.doc
The rally yesterday was impressive, what one does from here will now be the difficult part. To us there is no question that the 838 S&P low of October 10th 2008 looms as the big barrier at the moment. That…Continue Reading →
Last night Jon Stewart had one of his most instructive programs. In it he explained CNBC in a way that was long overdue. Probably the best line was the one where he outlined how CNBC added the heat that inflated…Continue Reading →
We like to follow a macro Washington script, ie our investment philosophy in the long waves based on what is going on in Washington.. The script for 2002 to 2005 was predominately long gold, from 2005 to 2008 it was long…Continue Reading →