Don’t stop. Don’t stop the dance. Brian Ferry, Roxy Music Sounds like the theme song being sung not only GM, Citigroup, GMAC and other ‘vilified’ lending institutions, but also for the guy that speeds through a left turn signal just as it turns red in his BMW SUV- and talking on his cell phone. To that person, image and perception isn’t everything, it’s the only thing. Out in public he may appear all important and mighty talking on that brand new ...
Updated 06-20-2009 at 09:49 AM by Bullitt
The month of June has been somewhat of a disappointment for my returns. The volatility of the 888-956 trading range makes it difficult to time an IFT, and my timing this month wasn’t good. While on vacation I saw my 100% I-Fund allocation was getting slaughtered, so to reduce the pain, I went 25% each into FCSI. It seemed like a good idea at the time since I couldn’t monitor the markets while on the road. For now, I’ll hold this allocation because I like using the F-Fund to hedge ...
The current rally has at least temporarily run out of steam and the Seven Sentinels did indeed issue a sell signal today so I'll be moving to G fund tomorrow. However, this is still a bull market until proven otherwise. The underlying strength has been phenomenal and I seriously doubt we turn down for much longer or go too deep. Bearishness has been quick to rise and that's what has really kept this market moving higher. And there's no reason to think now will be any different. Having ...
Before I begin, I strongly urge especially the newcomers to this board to take the time in reading posts from certain dates and incidents on the TSPTalk MB to gain insight on how crowd and individual behavior influences investment decisions. Too many times I've seen newcomers post on the board something to the effect of "Hey I'm new, how can I get rich?", and then never to hear from them again. So much insight can be gained regarding trading psychology, asset allocation, crowd behavior, and how ...
2010: One tool in the shed won't build a house. The myth of moving average crossovers. Moving average crossovers are a unique tool within the realm of technical analysis. While many of us are led to believe they are effective, over the course of thousands of scans I've come to believe differently. One thing about moving average crossovers is how some work better during certain periods, while others work better for others. The thing is there isn't one that works ...