While I don’t always agree with Bill Fleckenstein’s view, he wrote an interesting article yesterday titled “Trillions down and still bailing.” Take a look: Unfortunately, despite some 12 financing facilities created by the Treasury and the Fed, massive interest rate cuts and various bailouts, the government has little to show for its attempts to dictate where markets should trade. The …
Keeping The Powder Dry
As you can imagine, with the markets having devastated many portfolios, I have received a lot of client and reader mail expressing how this crisis has affected them, and how trend tracking has made a difference to those who followed its signals. Reader Steve had this to say: Many thanks from a very satisfied client. It is with a sense …
Sunday Musings: A Tough Turnaround
Todd Harrison wrote a piece in MarketWatch titled “The great expression,” in which he is making historical comparisons and finding positives and opportunities in a current world peppered by negatives. Let’s listen in: Wall Street is dusting off the history books for lessons in how to deal with the financial crisis, but quickly discovering that this script has never been …
Getting It Right And Still Losing
MarketWatch featured an interesting story a few days ago with the intriguing title “Getting it right and still losing.” Let’s look at some highlights: Sometimes you can’t win for losing. Just ask Harry Schultz. Or Howard Ruff. Or Jim Dines. All three advisers, each of whom has been editing an investment newsletter at least since the 1970s, have built their …
No Load Fund/ETF Tracker updated through 11/13/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpHigh volatility along with all around bad economic news pushed the major indexes to October lows. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -16.84% thereby confirming the current bear market trend. The international index now remains -27.97% below its own trend line, keeping …
Closing In On The Lows
Bad news all the way around sent the major indexes on a downward slide yesterday. It was pretty much a continuation from the prior day with weak consumer spending, continued retail worries as well as changes to the $700 billion bailout plan leading the news. We are now getting close to the October lows, which many technicians watch very closely. …