The Principle of Understanding History & The Principle of Technical Analysis . Written Tuesday, October 7th, 2008 OK, yesterday I heard one analyst, I believe it was Liz Ann Sounders, chief investment strategist for Charles Schwab say the recent sharp year-over-year (yoy) stock market decline is...
STRATEGY VIEW . This morning please let me warn a bit further about using inverse vehicles. Appropriate because yesterday’s big rally must have gotten everyone’s attention, longs and shorts alike, but especially those now using these shorting vehicles. And because I’ve been getting...
PORTFOLIO STRATEGY This year’s mid-March to mid-May bear market rally was the first rally versus the new primary bear market downtrend. Usually the first rally is the best rally (just like the first loss is the best loss) because many investors believe the bull market still lives and thus it’s...
Thursday, June 26 th , 2008: Written 6:30 a.m. EST Going to find our “way to San Jose ” next week, on vacation, so I’m been auditioning books for the plane rides. One coming along is Hamish McRae’s THE WORLD IN 2020 . I previewed it and got caught up by his writing, the history...
Written Tuesday, May 27th, 2008 THE STOCK MARKET Briefly, the stock market pulled back sharply last week. Obviously this pullback may be about over and may be just a normal “shake out” on the way to higher prices. While that could be true, it usually is during bull markets, another alternative...