Heading South

Ulli Uncategorized Contact

The markets could not find much of a footing yesterday as nothing but negative news flashed across the computer screens. While it could have been worse (the Dow was down 300 points at one time), the rebound was not enough to calm traders’ nerves. Even oil dropping below $60/barrel had no supporting effect, because it is a sign that all …

Words I Thought I Never Hear

Ulli Uncategorized Contact

MarketWatch featured a piece called “Bottom Fishing.” The story mentions one mutual fund that for one brief shining moment last week showed a positive return for the year: It’s best not to judge fund managers on short-term results, but in this harrowing market climate, anyone who can even approach breakeven is probably worth a closer look. Forester’s eponymous Forester Value …

Main Street vs. Wall Street

Ulli Uncategorized Contact

Have you ever come across something that made you laugh because it hit the nail on the head, and no other words were necessary? This happened to me when a client emailed me this picture, which exactly resembles how Main Street feels about Wall Street these days. Out of sensitivity, I deleted the obscenity, but I think you get the …

Sunday Musings: No Place To Hide

Ulli Uncategorized Contact

Hat tip to Random Roger, who referenced this WSJ article titled “No Place To Hide” in his blog a few days ago. It contains some interesting facts along with the usual dose of ignorance by the #1 buy-and-hold cheerleader Vanguard. Let’s listen in: For months, many mutual-fund investors could take comfort in this: They had endured worse during the tech-stock …

F a s t e r!

Ulli Uncategorized Contact

This week’s hot topic has been the fact that many over-eager investors are trying to find a way or some reasoning to re-enter the market on the assumption that a bottom has been made. Reader Joao emailed me prior to the election and had this to say: I keep reading your blog with great interest. Observing your index graphs and …

No Load Fund/ETF Tracker updated through 11/7/2008

Ulli Uncategorized Contact

My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA tug of war between bulls and bears ended up as victory for the bears. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -15.43% thereby confirming the current bear market trend. The international index now remains -23.53% below its own trend line, keeping us …