I'm All Hunkered Down. I'm almost outa almost all stocks; see my chartz and tablez on my site. I'm filing outa the RERFX in an orderly manner. For all that it is an off shore fund, It sure tracks US equities closely. I'd sure like to see a counter trend in the future to feel better that it was a good alternative if the US markets are goin' down. Bonds are another problem. More this weekend.
That said, I'm not in a bad space; I'm still running 11% a year returns since the hall straightened out the 401a options. I coulda done a lot better this year. Can't win 'em all. But I can live with winning most of them.
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Technical Stuff; First two chartz; S&P 500 Nasdaq Broken uptrend lines No areas of consolidation support/resistance Bear Market Bounce? We'll find out.
Third chart Apple Most Loved tech and momentum play. Red circles are start of earnings reports A is an uptrend off the bottom with a hiccup. B is a consolidation going into earnings. C is a steeper uptrend off good earnings. D is consolidation going into earnings. E is a spike after good earnings and then running into something bad.
I've posted links to what I'm reading and thinking about.
The firm benefited when Paulson elected not to save rival Lehman Brothers from collapse, and when he organized a massive rescue of tottering global insurer American International Group while in constant telephone contact with Goldman chief Blankfein. With the Federal Reserve Board's blessing, AIG later used $12.9 billion in taxpayers' dollars to pay off every penny it owed Goldman.