Heard On MSNBC: "The Economy Is Down To Seeds And Stems." Proof It's All About MahMahMah Generation......Hope I Die Before I Get Bald..... 

"Your last recourse against randomness is how you act -- if you can't control outcomes, you can control the elegance of your behavior. You will always have the last word."
-- Nassim Nicholas Taleb

Chartz And Table Zup @ www.joefacer.com

Friday was a very good day for stocks and a turn down for bonds. The chart puts it in perspective.

I'm still all bonds and a little cash inna 401a. That too will change. Prolly not Monday or Tuesday either. More to come this weekend...

http://www.newsweek.com/2010/08/29/how- ... treet.html

http://www.bloomberg.com/news/2010-08-1 ... japan.html
http://www.msnbc.msn.com/id/38783832/ns ... etirement/
http://www.bloomberg.com/news/2010-08-2 ... -says.html
http://www.bloomberg.com/news/2010-08-2 ... -says.html
http://www.bloomberg.com/news/2010-08-2 ... -rise.html
http://www.msnbc.msn.com/id/38870575/ns ... e_economy/
http://www.bloomberg.com/news/2010-08-2 ... lbert.html
http://www.bloomberg.com/news/2010-08-2 ... robed.html
http://www.msnbc.msn.com/id/38903955/ns ... tn_africa/
http://www.bloomberg.com/news/2010-08-1 ... y-xie.html

Last 100 days....Don't look too good.......

http://lifeinc.msnbc.msn.com/_news/2010 ... t-exactly-

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Market Forces...Like My Daddy Always Used To Tell Me, "Son, The Bigger They Are, The Harder They Hit..." 

"The first step to making money is not losing it."
-- Ed Easterling

Chartz And Table Zup @ www.joefacer.com

Open The Doors

My All Cash/Bonds Low Risk Position Is Back Up Marginally Over Any And All Stocks And The Balanced Pooled Fund Again. I've Been 100% Stocks Before And I Will Be Again When I Get Paid For The Risk. There Is Only One Letter's Difference Between Hero And Zero And Champ And Chump. Safety In The Face Of Risk Is Working For Now.

More Here Later This Weekend.....

“What we had was a government-prescribed course of amphetamines (to keep it up), antibiotics (to prevent infection) and antidepressants (to make it feel better). It endured regular steroid injections from both monetary and fiscal authorities. And it still has no real muscle.”

Caroline Baum: Bloomberg

http://www.ritholtz.com/blog/2010/08/ec ... -fly-list/
http://www.thenation.com/article/153929 ... ut-scandal
http://www.newsweek.com/2010/08/11/is-t ... llets.html
http://www.msnbc.msn.com/id/38695101/ns ... e_economy/
http://www.bloomberg.com/news/2010-08-1 ... ports.html
http://www.bloomberg.com/news/2010-08-1 ... -debt.html
http://www.ritholtz.com/blog/2010/08/ta ... as-of-gdp/
http://www.bloomberg.com/news/2010-08-1 ... -debt.html
http://blogs.wsj.com/economics/2010/08/ ... isnt-free/
http://moneywatch.bnet.com/economic-new ... tural/744/
http://www.newyorker.com/talk/financial ... surowiecki
http://www.ritholtz.com/blog/2010/08/cp ... deflation/
http://www.ritholtz.com/blog/2010/08/co ... jail-time/
http://www.ritholtz.com/blog/2010/08/bo ... tes-11-2b/
http://www.bloomberg.com/news/2010-08-1 ... -weil.html
http://www.ritholtz.com/blog/2010/08/lu ... a-backing/
http://www.msnbc.msn.com/id/38715258/ns ... e_economy/
http://www.msnbc.msn.com/id/38692233/ns ... e_economy/
http://www.ritholtz.com/blog/2010/08/th ... nanke-put/
http://www.ritholtz.com/blog/2010/08/as ... l-economy/
http://www.ritholtz.com/blog/2010/08/fo ... on-prices/
http://www.ritholtz.com/blog/2010/08/th ... -disaster/

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Keep On Keepin' On.... 

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Busy Weekend... I'll Post Something Here Real Soon.... Or As Circumstances And Inclination Permit.  

Still All In Inna 401a In Corporate Bonds (RBFFX), Federal Securities (RGVFX), An' The GIC (Met Life). Details about Why And How And What'd Make Me Change Dat To Follow....

Chartz And Table Zup @www.joefacer.com

Stay Tooned....

[ view entry ] ( 1027 views ) [ 0 trackbacks ] permalink ( 2.9 / 976 )
Keep Yer Lamps Trimmed An' Burnin....Rev Gary Davis 

Thoughtless risks are destructive, of course, but perhaps even more wasteful is thoughtless caution, which prompts inaction and promotes failure to seize opportunity.
-- Gary Ryan Blair

Chartz And Table Zup. @ www.joefacer.com

Have Some More Tuna...
http://www.youtube.com/watch?v=ltDMr7IV ... re=related
http://www.youtube.com/watch?v=BFdRSrTJ ... re=related

The First Quarter Looked Pretty Good

The Second Quarter Looked Pretty Bad

That's What Your Quarterly Statements Show You. But How Can You Figure Out Where You Stand Over All By Looking At Stills Of The Action Four Times A Year? You Can't See A Cumulative Picture Or A Running Total. You Need To See The Whole Picture And The Bottom Line.

Ya Can See The Whole Picture Or Any Particular Part of It By Using Charts And/or A Worksheet Like The Ones On My Website.... It Makes Decisions On Asset Allocation A Lot Easier...

http://www.ritholtz.com/blog/2010/07/fd ... n-program/
http://www.ritholtz.com/blog/2010/07/gl ... l-part-96/
http://www.ritholtz.com/blog/2010/07/ja ... no-return/
http://paul.kedrosky.com/archives/2010/ ... ntitl.html

Stay Tooned...

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Started At A New Site This Week.... During The 70's and 80's Oil Crisis, I Worked The Refineries And Oil Field Module Sites And Got Some Of My Gas Money Back. Now I'm At A Solar Cell Producer's Facilty And I'm Getting Stimulus (Borrowed) Money From The Feds That I'll Pay For With Higher Taxes/ Higher Inflation/And Higher Bond Interest Inna Future. Whatever Goes Around, Comes Around..... 

[ view entry ] ( 905 views ) [ 0 trackbacks ] permalink ( 3 / 998 )
Earnings Season!!!! Think A Medieval Castle With A Hinged Corridor. One Moment Everything Is OK, The Next , You're One Step Over Center And Gone....or Not. We'll See  

"It is not how right or how wrong you are that matters, but how much money you make when right and how much you do not lose when wrong."
- George Soros

Chartz and Table Zup @ www.joefacer.com

Hot Tuna; I saw an acoustic show @ Bimbo's and an electric show at the Hells Angels benefit for the VD Clinic at the Longshoreman's hall. Same band, quite a range of approaches...
http://www.youtube.com/watch?v=mjfhsLuO ... re=related
http://www.youtube.com/watch?v=_rts3noH ... re=related

Was this last week only a typical bear market bounce or the start of a lift off the bottom as the market predicts a solid earning season and good forward guidance?

Stay tooned....

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Earning Interest And Clipping Coupons In Bonds And Cash Is Always Better Than Watching Stocks Go Down.... Unless You Can Short.  

The ultimate result of shielding men from the effects of folly is to fill the world with fools.
--Herbert Spencer

Chartz And Table Zup @ www.joefacer.com

Freddie King was a favorite of EC's. Not hard to figure out why. The first link can be found on CD too...
http://www.youtube.com/watch?v=7nNYD2LY ... re=related
http://www.youtube.com/watch?v=GGLmZCZ1 ... re=related


http://www.ritholtz.com/blog/2010/07/th ... really-is/
http://www.businessweek.com/magazine/co ... 358596.htm
http://noir.bloomberg.com/apps/news?pid ... .24zLg0I2E
http://www.msnbc.msn.com/id/38072919/ns ... ork_times/
http://www.ritholtz.com/blog/2010/07/sw ... evolution/
http://www.ritholtz.com/blog/2010/07/sh ... c-outlook/
http://www.ritholtz.com/blog/2010/07/st ... reduction/
http://www.nytimes.com/2010/07/04/weeki ... wanted=all
http://www.economist.com/node/16485318? ... extfeature
http://www.nytimes.com/2010/07/04/busin ... wanted=all
http://www.ritholtz.com/blog/2010/07/oi ... 93-part-9/

Fun With Chartz....

A year's worth of returns in the bond funds of my 401a. Not half shabby.

Under certain conditions, bond returns can smoke stocks.

But it's never really a no brainer. The corporate bond fund's out performance is rooted in the fact that in late 2008, investors tossed corporate bonds overboard because they feared that corporate America was going belly up. The catchup looked great. Especially if you didn't know that they started the climb inna hole.

http://noir.bloomberg.com/apps/news?pid ... 18JewR.Dag
http://noir.bloomberg.com/apps/news?pid ... &pos=7
http://noir.bloomberg.com/apps/news?pid ... &pos=2
http://www.msnbc.msn.com/id/38034014/ns ... d_economy/
http://noir.bloomberg.com/apps/news?pid ... amp;pos=10
http://noir.bloomberg.com/apps/news?pid ... &pos=4
http://www.ritholtz.com/blog/2010/07/nf ... -jobs-83k/
http://www.ritholtz.com/blog/2010/07/eu ... erform-us/

http://www.msnbc.msn.com/id/38072919/ns ... ork_times/

http://www.msnbc.msn.com/id/38090407/ns ... nd_energy/
http://www.msnbc.msn.com/id/38090407/ns ... nd_energy/
http://www.ritholtz.com/blog/2010/07/st ... reduction/

http://noir.bloomberg.com/apps/news?pid ... amp;pos=15
http://www.latimes.com/news/local/la-me ... paign=Feed:+latimes/mostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29

Pretty really Serious links....

http://www.telegraph.co.uk/finance/comm ... -1932.html

Last week, forty Republican Senators and one Democrat blocked action on extended unemployment benefits. This week, three GOP Senators were absent for the roll call but the end result was the same -- no relief for the long-term unemployed. By the time those 41 lawmakers return from their Fourth of July recess, 2 million Americans will have spent their final unemployment check. Republicans, however, will not shed crocodile tears over the pain inflicted on the jobless. Instead they will cheer every vote cast that diminishes, delays or denies help to the 31 million Americans idled by this Grave Recession. During the Bush administration, those same Republicans supported policies that are the proximate causes of our economic turmoil -- deficit financing of tax cuts for the wealthy, deregulation of the financial market place and the de-industrialization of America in the name of free trade. But rather than accept responsibility for their own disastrous policies, the GOP started a vendetta against the jobless. Republican attacks on America's jobless are neither random acts of meanness nor the ravings of a lunatic fringe. They are hostile acts in a partisan strategy. By attacking the powerless, Republican lawmakers hoped to align their party with the powerful, capture control of the next Congress and, ultimately, win back the White House.
Occasionally, Republican law makers telegraph their deep disdain for the unemployed. Senator Jim Bunning (R-KY) did so with his one-man filibuster against extended unemployment. Senator John Kyl (R-TX) suggested unemployment acted as "a disincentive for them to seek new work." Senator Orrin Hatch (R-UT) felt the jobless should be drug tested in order to qualify for unemployment insurance. And Congressman Dean Heller (R-NV) used the word "hobos" to demean those on unemployment.

http://www.huffingtonpost.com/rick-sloa ... 33217.html

Everything looks awful. And the recent drop and unemployment numbers are fear inspiring. But we've had 9 outta the last ten days down and everybody is leaning the same direction. Look for an oversold bounce/ counter trend move sooner rather than later. It'll sting if you are in cash or bonds. But ask, "Has anything changed? Or is this part of the markets not being simple or easy?" A trend is a trend until it isn't, and I'll have to have a reason before I allocate back into equities. Cash and bonds fer now....


That stung..... Smokin' hot upward day....

But on low volume and ya gotta look at it in perspective....

Stay tooned....

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Life Goes On.... And So Do I. 

Let us all be happy, and live within our means, even if we have to borrow the money to do it with.
-- Artemus Ward

Chartz and Table Zup @ www.joefacer.com

Hopefully It Just a Song, Smokin' Though It May Be....
http://www.youtube.com/watch?v=BHXKlNP4 ... re=related

Europe sees it's problem as having borrowed way too much money and spending it on keeping the economy going and raising everyone's standard of living and burying themselves in debt. They see the solution as being to stop spending money that they don't have and to pay down the debt. The unintended result will be a slowing long term economic grind with lost jobs and misery. The bright side will be that the falling value of the Euro will make exports cheaper leading to the inevitable and eventual resolution of the problem.

The US sees it's problem as having borrowed way too much money and burying itself in debt. We see the solution as borrowing more money and spending it on keeping the economy going and maintaining everyone's standard of living so as to avoid a slowing economy and lost jobs. The unintended consequence will be that at some point, borrowing more money will raise the cost of the money making the problem even worse. Of course part of the solution is for Europe to spend money, borrowed money if necessary, on buying our goods so as to allow us to export our way out of the problem.

I see a conflict.

I also see the virtue of having my 401a in almost all cash and bonds for much of the near future. I see being able to make a dollar or two on stock market volatility at one time or another some time inna future. What I don't see a a short clear path to a healed economy, plenty of jobs, a new bull market and looking like a genius by buying and holding...

http://noir.bloomberg.com/apps/news?pid ... &pos=3
http://noir.bloomberg.com/apps/news?pid ... &pos=5
http://noir.bloomberg.com/apps/news?pid ... amp;pos=10
http://www.msnbc.msn.com/id/37827936/ns ... al_estate/
http://mpettis.com/2010/06/what-might-h ... ek-crisis/
http://www.ritholtz.com/blog/2010/06/gr ... ry-reform/
http://www.ritholtz.com/blog/2010/06/wa ... a-suffers/
http://www.ritholtz.com/blog/2010/06/ta ... f-the-day/
http://www.ritholtz.com/blog/2010/06/st ... -last-one/
http://www.ritholtz.com/blog/2010/06/2n ... n-housing/
http://www.ritholtz.com/blog/2010/06/is ... exhausted/

http://www.msnbc.msn.com/id/37953358/ns ... ork_times/
http://www.ritholtz.com/blog/2010/06/th ... ll-street/
http://www.ritholtz.com/blog/2010/06/gr ... n-america/
http://www.ritholtz.com/blog/2010/06/fa ... gislation/
http://www.ritholtz.com/blog/2010/06/ba ... ly-report/
http://www.ritholtz.com/blog/2010/06/do ... escalates/
http://www.ritholtz.com/blog/2010/06/wh ... -of-macro/


http://noir.bloomberg.com/apps/news?pid ... &pos=2
http://noir.bloomberg.com/apps/news?pid ... amp;pos=10
http://noir.bloomberg.com/apps/news?pid ... ztsSkSVw_A
http://noir.bloomberg.com/apps/news?pid ... &pos=8

Bond Funds and EuroAsia Fund scrubbed; Cash and bonds inna 401a.


Last 47 days. Cash and bonds inna 401a. Interest beats losing money....

http://noir.bloomberg.com/apps/news?pid ... 18JewR.Dag
http://noir.bloomberg.com/apps/news?pid ... &pos=7
http://noir.bloomberg.com/apps/news?pid ... &pos=2

Stay Tooned....

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Still Waitin For Clarity. The Time To Pin it Is When You're Sure You Ain't Gonna Bin It. It's A Roadracer Sorta Thing..... 

Strong feelings do not necessarily make a strong character. The strength of a man is to be measured by the power of the feelings he subdues, not by the power of those which subdue him.
-- William Carleton

Chartz and Table Zup @ www.joefacer.com

Fusion is a young man's game....

JEEZUS. What Was BP Thinking Was Gonna Happen If They Kept Rollin' The Dice...

http://www.ritholtz.com/blog/2010/06/wh ... -landfall/

http://www.ritholtz.com/blog/2010/05/de ... horizon-2/
http://www.nola.com/news/gulf-oil-spill ... st_of.html

Check out the precursor.... http://en.wikipedia.org/wiki/Texas_City ... _explosion

http://www.ritholtz.com/blog/2010/06/td ... nt-future/
http://www.ritholtz.com/blog/2010/06/th ... ave-given/
http://www.msnbc.msn.com/id/37798908/ns ... ork_times/
http://online.wsj.com/article/SB1000142 ... Collection

Sure as hell, all this is gonna come into play in terms of investor's mindset, and therefore the market, and therefore the performance of my 401a....

http://oldprof.typepad.com/a_dash_of_in ... posts.html
http://www.msnbc.msn.com/id/37798908/ns ... ork_times/
http://www.greentechmedia.com/articles/ ... Content%29
http://www.bloomberg.com/apps/news?pid= ... &pos=4
http://www.bloomberg.com/apps/news?pid= ... er_3TXsr3Q
http://paul.kedrosky.com/archives/2010/ ... ism_i.html
http://paul.kedrosky.com/archives/2010/ ... egrat.html
http://www.bloomberg.com/apps/news?pid= ... amp;pos=12

Again I've flushed the smoking crater that is the Euro/Asian Fund and ditched the bond funds too... We're inna downtrend. Still. I'm outa stocks totally and in the GIC and Corporate Bonds. Still.

This is the full boat of funds, this time referenced against the US Gov Securities, the safest of the safe. Notice that all but one fund is a money loser vs the Gov Sec.and that all but one of the stock funds is inna hole for the year. I'm concerned and playing it conservative....

More To Come.... Stay tooned.

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So Much Data, So Many Possible Interpretations. Sometimes It's OK To Just Wait For Clarity....  

"Don't tell me that worry doesn't do any good. I know better. The things I worry about don't happen."

Chartz and Table Zup @ www.joefacer.com

My Version Of The Old People Sitting Home Onna Saturday Night Watchin' Geezers From Back Inna Day Onna Toob.
You Know, Kinda My Version Of The Lawrence Welk Show...

http://www.youtube.com/watch?v=OqH4PctI ... re=related
http://www.youtube.com/watch?v=fEQ-0-tN ... re=related

http://www.msnbc.msn.com/id/37665192/ns ... gton_post/
http://www.msnbc.msn.com/id/37602308/ns ... e_economy/
http://marketplace.publicradio.org/disp ... money-now/

http://www.nybooks.com/articles/archive ... ing-short/
http://money.cnn.com/2010/06/09/news/co ... /index.htm

I dropped the bonds funds and the smoking crater that is Europe and drew some lines around what was left inna 401a on a "since 12/31/09" chart.

We're in a downtrend but an upside breakout is a possibility. So is a bounce off resistance and resumption of the downtrend. I can't predict the future very well, but I do know what to do with a trend when one appears, how to press a winning hand, and how to honor stops. I'm still all cash and bonds, as of tonight. So stay tooned.

Tuesday Eve
Upside breakout? Follow through would confirm it. Or it could be a bull trap...

I'll hafta think about it...

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Considering Your Life As A One Act Play, Ya Wanna Star Inna Tragedy For The Ages, Or A Pretty Damn Entertaining Comedy? 

In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage.
-- John Mauldin

Chartz and Table Zup @ www.joefacer.com


Rough Week for a lotta people. But I've been in capital preservation mode for a while; half cash and half bonds in the 401a, cash and short in the IRA's and trading accounts and I'm pretty sanguine about it all..... unless I'm reading Lakshman Achuthan.

Volatility is up, the trend is down, We're below the flash crash spike down, it all seems pretty clear to me....

http://www.msnbc.msn.com/id/37510854/ns ... e_economy/
http://oldprof.typepad.com/a_dash_of_in ... dream.html
http://www.theatlantic.com/business/pri ... lar/57696/

“If everyone’s expecting to export their way out of trouble, who will be buying?”
Alvin Liew

http://www.bloomberg.com/apps/news?pid= ... &pos=2

http://www.bloomberg.com/apps/news?pid= ... &pos=3
http://oldprof.typepad.com/a_dash_of_in ... rries.html
http://topics.nytimes.com/top/reference ... classifier
http://www.risk.net/credit/news/1652759 ... -interview

http://paul.kedrosky.com/archives/2010/ ... e_inf.html
http://paul.kedrosky.com/archives/2010/ ... r_the.html
http://www.telegraph.co.uk/finance/fina ... years.html
http://www.nybooks.com/articles/archive ... tion=false

http://www.bloomberg.com/apps/news?pid= ... &pos=6

What do you think the catalyst for this to change will be?
When will it arrive?
Do you have any interest in being part of this for the time being?
Half cash and half bonds inna 401a.....

http://www.ritholtz.com/blog/2010/06/ho ... t-support/

Stay tooned.

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Sell In May And Go Away... Or Not. It Was A Pretty Good Idea... Now What? 

The complete lack of evidence is absolute proof that the conspiracy is working successfully.
-- Unknown.

Chartz and Table Zup @ www.joefacer.com

Obligatory Old Fart Music Link: http://www.youtube.com/watch?v=bqVVnExlX9c

John Cipollina's Stack: http://www.johncipollina.com/rockAmpStack.htm

Sell In May And Go Away...Fuckin' "A"!!!

Pretty much self explanatory. The market is NOT healthy and playing the bounces in a down trend (bear market bounces are notoriously viciously fast and steep) can be very profitable IF you are aggressive, quick, nimble, leveraged, selective, and steely eyed. Which I am. But that is NOT a description of something workable with a 401a. I'm still all cash and bonds.

Four BUMMERS, Coupla Laughers

http://www.ritholtz.com/blog/2010/05/si ... -clean-up/
http://www.ritholtz.com/blog/2010/05/oi ... -chutzpah/
http://www.ritholtz.com/blog/2010/05/bp ... on-valdez/
http://www.ritholtz.com/blog/2010/05/co ... y-lost-1m/
http://www.ritholtz.com/blog/2010/05/ne ... -for-ceos/

http://www.ritholtz.com/blog/2010/05/gs ... -millions/
http://www.ritholtz.com/blog/2010/05/un ... linquency/
http://www.ritholtz.com/blog/2010/05/cy ... slation-3/
http://www.ritholtz.com/blog/2010/05/da ... -thoughts/
http://www.bloomberg.com/apps/news?pid= ... &pos=6
http://www.ritholtz.com/blog/2010/05/in ... al-crises/
http://www.ritholtz.com/blog/2010/05/wh ... g-and-why/
http://www.ritholtz.com/blog/2010/05/si ... more-56374

Back inna day, we tried the "self regulation" that a lotta "free marketers" rattle on about. It was at a place called "Altamont"....


http://www.ritholtz.com/blog/2010/05/th ... trading-2/

Almost as good...
http://www.ritholtz.com/blog/2010/05/ch ... etirement/
http://www.ritholtz.com/blog/2010/05/ja ... reak-free/

So it goes...
http://www.nytimes.com/2010/05/30/us/30 ... wanted=all

As Richard Feynman, the physicist, once observed, “For a successful technology, reality must take precedence over public relations, for nature cannot be fooled.”
Indeed, think of all the planes grounded for nearly a week in northern Europe last month, as a volcano poured ash in the atmosphere. There was no technological fix, and many passengers couldn’t believe it. Said Mr. Kohut, of Pew Research, “The reaction was: ‘Fix this. Fix this. This is outrageous.’ ”

http://www.nytimes.com/2010/05/30/weeki ... l?src=tptw

http://www.msnbc.msn.com/id/37423584/ns ... tn_africa/
http://www.newsweek.com/blogs/the-gaggl ... ians-.html
http://www.newsweek.com/2010/05/28/the- ... -west.html
http://www.newsweek.com/2010/05/30/in-d ... urope.html
http://www.bloomberg.com/apps/news?pid= ... &pos=2
http://www.bloomberg.com/apps/news?pid= ... &pos=9
http://blogs.reuters.com/great-debate/2 ... t-decades/
http://blogs.reuters.com/great-debate/2 ... t-decades/

This is the second time I've seen this material. It's kinda too scary to contemplate. Black helicopters at Area 51 to the max...
I've seen a lot of this kinda stuff disproved over the years. Hopefully this too is another bad acid trip. Still...

http://www.ritholtz.com/blog/2010/05/se ... e-bp-leak/
http://www.ritholtz.com/blog/2010/05/si ... -clean-up/

http://www.ritholtz.com/blog/2010/05/is ... g-america/
Check out the 2nd comment....

http://www.ritholtz.com/blog/2010/05/oi ... more-56415
http://www.ritholtz.com/blog/2010/05/oi ... more-56415
http://paul.kedrosky.com/archives/2010/ ... roduc.html

http://paul.kedrosky.com/archives/2010/ ... _goes.html

Ahl Be Back....

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Yeah There Is Risk Out There.... 

A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
--Herm Albright

Chartz and Table Zup @ www.joefacer.com

Smokin' Lead Guitar By Ian Cruikshank....

The Trend Is DOWN. Protect Whatcha Got....

Check Out the first COFG Essay on my website. It'll lay the foundation for where I think I'm goin'from here.....

Barry Is THE MAN!!!
http://www.ritholtz.com/blog/2010/05/le ... investor3/

http://www.ritholtz.com/blog/2010/05/sp ... raw-downs/
http://www.msnbc.msn.com/id/37302178/ns ... _business/
http://paul.kedrosky.com/archives/2010/ ... _ahea.html
http://www.ritholtz.com/blog/2010/05/fd ... titutions/

Subtle.... Like an elephant in heat.....
http://www.ritholtz.com/blog/2010/05/a- ... -internet/

http://www.nytimes.com/2010/05/23/world ... nted=print
http://www.ritholtz.com/blog/2010/05/th ... xperiment/
http://www.bloomberg.com/apps/news?pid= ... amp;pos=15

Round Trip. What stocks made after the New Year, they lost after the New Year. Will it get worse or better?

http://www.bloomberg.com/apps/news?pid= ... DwwghB5ZXg

Even after the floor dropped out in the AM on Tues and the indices turned back up to even in the last two hours Tues, the trend is still down.

Covered my shorts to eliminate risk and lock in profits with my tradin' account, That's one issue and a short term and adrenaline and personal one at that.

For the 401a, which is what this is mostly about....I'm all cash and bonds. The trend is your friend if you are on the right side of it and the low risk side is my side here and now...

Stay Tooned......

[ view entry ] ( 976 views ) [ 0 trackbacks ] permalink ( 3 / 1104 )
If The European Union Has Too Much Debt, How Is A Trillion Dollar TARP A Solution? And If The Euro Depreciates 20%, And The Dollar Gets Expensive, How Do We Bring Back Manufacturing And Export Our Way Back To Full Employment? 

[ view entry ] ( 946 views ) [ 0 trackbacks ] permalink ( 3 / 1068 )
Makin' The Effort To Manage My Own Destiny; Like Someone Else Is Gonna Put In The Same Effort And Care As I Would? Gimme A Break... 

My philosophy for trading is -- understand why something is happening economically and then look at the price action. If both of them works, go trade. If one of them is starting to fall apart, get out. And if both fall apart, get short,
-- Dennis Gartman

Chartz And Table Zup @ www.joefacer.com

Reeelly Important

http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... &pos=3
http://www.cnas.org/blogs/abumuqawama/2 ... ation.html

http://www.msnbc.msn.com/id/37037022/ns ... ws-europe/
http://www.msnbc.msn.com/id/37028501/ns ... gton_post/
http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... amp;pos=11
http://www.bloomberg.com/apps/news?pid= ... &pos=5

The spike down Thursday is NOT the story. Here's the last thirty days with the spike down drawn in in a different color. Detect a trend? One thousand points down in 9 days within which is one thousand point down and back up in 15 minutes. Which do YOU think bears more weight?

http://www.ritholtz.com/blog/2010/05/de ... aming-hft/

Here what a play by play of the spike down sounded like...
http://www.ritholtz.com/blog/2010/05/be ... er-taking/

http://www.ritholtz.com/blog/2010/05/wa ... a-mistake/
http://www.ritholtz.com/blog/2010/05/ap ... -old-news/
http://www.ritholtz.com/blog/2010/05/ar ... ed-orders/
http://www.ritholtz.com/blog/2010/05/th ... nnot-hold/

http://www.msnbc.msn.com/id/37048718/ns ... d_economy/

http://www.bloomberg.com/apps/news?pid= ... OKSoGY6hLs

http://www.washingtonpost.com/wp-dyn/co ... 0050704340
http://www.thestreet.com/story/10750843 ... l=dontmiss
http://www.boston.com/bostonglobe/edito ... _tank?pg=1
http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... amp;pos=13

http://us.ft.com/ftgateway/superpage.ft ... 1531051380

Find all of the article in the link below. I discount conspiracy theories pretty deeply, but...

http://ampedstatus.com/high-frequency-t ... ted-states

Stay Tooned.

More here this weekend.
Where I Screwed Up, Where I Did Good, What's Next....

Still in cash and bonds. The Financial Times Gateway link above
and the increasing liklyhood of a double dip recession keep me cautious...

[ view entry ] ( 1079 views ) [ 0 trackbacks ] permalink ( 3 / 1021 )

The genius of investing is recognizing the direction of a trend -- not catching highs and lows.
-- James Koford

Last dribble of stocks inna 401a closed out today. All in bonds and GIC. The 900 points down is of passing interest. The possibility of not being able to postpone the consequences the run up of the globes sovereign credit card is of huge interest... we were down midday before the spike down and we closed way down off the open...

Down 300 means there is major uncertainty. I'm prepped for a reflexive bounce... but I think there may be more downside to come as long as the uncertainty exists.

http://www.ritholtz.com/blog/2010/04/po ... zed-souls/
http://preview.bloomberg.com/news/2010- ... slows.html
http://blog.al.com/live/2010/04/deepwat ... _memo.html
http://www.msnbc.msn.com/id/36972794/ns ... ce/page/2/
http://paul.kedrosky.com/archives/2010/ ... _real.html

Stay Tooned

[ view entry ] ( 1014 views ) [ 0 trackbacks ] permalink ( 3 / 1120 )
A Raging Inferno of Coruscating Incandesence. Fire And Flames Triumphant; A Crimson Wing Of Doom, O'er Shadowing And Searing Filleted Raw Flesh... It's BBQ And Grilling Season Here At The Homestead. Good Times Around Here. Not So Good Times At Times Square And On The Gulf Coast .... 

[ view entry ] ( 1050 views ) [ 0 trackbacks ] permalink ( 3.1 / 891 )
It's Not A SinTo Be Wrong. It Is A Sin To Stay Wrong. 

Surprise, surprise, surprise!
-- Gomer Pyle

Chartz And Table Zup @ www.joefacer.com

The Only Tea Party Stat You Need to Know

http://www.ritholtz.com/blog/2010/04/th ... d-to-know/

This Was NOT A Surprise...

http://www.msnbc.msn.com/id/36612092/ns ... ork_times/
http://blog.newsweek.com/blogs/wealthof ... apiro.aspx
http://www.bloomberg.com/apps/news?pid= ... 2BBUru4.hM
http://www.msnbc.msn.com/id/36603564/ns ... igan_show/

http://www.telegraph.co.uk/finance/econ ... ments.html
http://www.cnas.org/blogs/abumuqawama/2 ... istan.html
http://www.msnbc.msn.com/id/36382787/ns ... ork_times/
http://www.msnbc.msn.com/id/36283460/ns ... e_economy/
http://www.ritholtz.com/blog/2010/04/jo ... waps-tbtf/
http://www.bloomberg.com/apps/news?pid= ... &pos=5

Hell! Gotta Have Some Fun....

http://www.ritholtz.com/blog/2010/04/an ... lout-math/
http://money.cnn.com/2010/04/15/news/co ... /index.htm
http://www.ritholtz.com/blog/2010/04/qu ... man-sachs/

Interesting and interestinger.....

So I gotta deal with reality. Three banks failed in 2007, twenty five failed in 2008, and 140 failed in 2009. Fifty have gone down this year to date. Employment sucks, the European Union may fold and that may drive the dollar up and drive the global economy down. How can the United States become a manufacturer again and export our way to prosperity with a high dollar and massive unemployment and higher interest rates? Good question.

Regardless,the long term market trend is up and overextended or not, anticipating a top has left way too much money on the table...

Goldman Sachs has reintroduced volatility into the market. Time to hold my nose and cautiously buy back in on a drop. It'd a been better if I'd been 100% long and held it since a year ago, but Oh Well! We got problems to work through and I expect the markets to reflect the uncertainty. The markets will go up and down. I gotta match exposure to risk. Starting with a cautious buy This week. Or not. Stay tooned....

CDO 's explained....
http://marketplace.publicradio.org/disp ... king_cdos/

SEC/Goldman explained.....
http://marketplace.publicradio.org/disp ... r-goldman/

Make ya wanna puke....
http://www.ritholtz.com/blog/2010/04/ho ... more-55145

http://www.ritholtz.com/blog/2010/04/ru ... practices/

[ view entry ] ( 794 views ) [ 0 trackbacks ] permalink ( 3 / 1073 )
Change Of Strategy; There Is Still A Ton Of Scrap Metal Inna Air From The Blow Up. I Gotta Stop Worryin' About It Enough To Make Some Money Onnit While The Fed Is Runnin' Up The National Debt  

The trouble with opportunity is that it's always more recognizable going than coming
Jerry Byrne

Chartz and Table Zup @ www.joefacer.com

http://www.ritholtz.com/blog/2010/03/ge ... mandments/

I Bin Readin'

Reeley Important...
http://finance.yahoo.com/tech-ticker/mo ... 53648.html
http://www.shirky.com/weblog/2010/04/th ... ss-models/
http://www.ritholtz.com/blog/2010/04/q2 ... he-ny-fed/

http://www.bloomberg.com/apps/news?pid= ... &pos=3
http://www.bloomberg.com/apps/news?pid= ... amp;pos=11
http://www.bloomberg.com/apps/news?pid= ... p.Sf7cvYvU
http://www.bloomberg.com/apps/news?pid= ... 7vxobpVgYo
http://www.bloomberg.com/apps/news?pid= ... xSP8Wb3iW8
http://www.businesswire.com/portal/site ... ewsLang=en
http://www.ritholtz.com/blog/2010/03/mo ... es-please/
http://www.clearonmoney.com/dw/doku.php ... ot_slowing
http://www.ritholtz.com/blog/2010/03/ny ... bank-tool/
http://www.ritholtz.com/blog/2010/03/ex ... he-shorts/
http://www.ritholtz.com/blog/2010/03/ex ... ve-higher/
http://www.ritholtz.com/blog/2010/03/ha ... ty-peaked/
http://online.wsj.com/article/SB1000142 ... 22940.html
http://www.ritholtz.com/blog/2010/03/wh ... an-to-you/
http://www.bloomberg.com/apps/news?pid= ... 5VIVI5AFJ0
http://www.ritholtz.com/blog/2010/03/ho ... uncle-sam/
http://www.msnbc.msn.com/id/36086019/ns ... ork_times/
http://www.bloomberg.com/apps/news?pid= ... &pos=8
http://www.bloomberg.com/apps/news?pid= ... &pos=5
http://www.bloomberg.com/apps/news?pid= ... JKoFUkPD.c
http://www.nytimes.com/2010/03/29/opini ... batty.html
http://www.ritholtz.com/blog/2010/03/mi ... al-crisis/
http://www.theatlantic.com/business/arc ... ies/38004/
http://www.ritholtz.com/blog/2010/03/50 ... 09-plunge/
http://www.msnbc.msn.com/id/36093984/ns ... ork_times/
http://www.bloomberg.com/apps/news?pid= ... L0qQmZ7k0c
http://www.bloomberg.com/apps/news?pid= ... &pos=7
http://www.bloomberg.com/apps/news?pid= ... amp;pos=14
http://mpettis.com/2010/04/how-will-us- ... nsumption/
http://www.nytimes.com/2010/04/02/busin ... ndex.jsonp
http://money.cnn.com/2010/03/30/news/ec ... /index.htm
http://www.creditwritedowns.com/2010/03 ... -rate.html
http://www.bloomberg.com/apps/news?pid= ... &pos=2
http://www.ritholtz.com/blog/2010/03/10 ... reformers/
http://www.ritholtz.com/blog/2010/03/th ... e-flipper/
http://www.ritholtz.com/blog/2010/03/di ... ust-cycle/
http://www.ritholtz.com/blog/2010/03/wi ... -in-march/
http://www.ritholtz.com/blog/2010/03/ch ... recession/
http://www.ritholtz.com/blog/2010/03/30 ... aking-out/
http://www.ritholtz.com/blog/2010/03/gr ... day-after/
http://www.ritholtz.com/blog/2010/03/co ... ar-buyers/
http://www.ritholtz.com/blog/2010/03/th ... more-54839
http://www.ritholtz.com/blog/2010/03/ad ... sappoints/
http://www.ritholtz.com/blog/2010/03/ch ... ppoints-2/
http://www.ritholtz.com/blog/2010/03/gl ... o-respect/

http://www.economist.com/specialreports ... extfeature

[ view entry ] ( 942 views ) [ 0 trackbacks ] permalink ( 3 / 1067 )
No Person Is Ever Totally Without Worth. There Is Always A Need For An Example Of What Happens When You Go Ahead And Do It Anyway.  

"We discriminate against stupid and we have no intention of stopping."
--Sean Clarke

Chartz and Table Zup @ www.joefacer.com.

http://www.youtube.com/watch?v=BKY8KIt9 ... re=related

http://www.cbsnews.com/video/watch/?id= ... photovideo
http://ftalphaville.ft.com/blog/2010/03 ... sustained/
http://blogs.ft.com/energy-source/2010/ ... -refining/
http://paul.kedrosky.com/archives/2010/ ... emand.html
http://blog.newsweek.com/blogs/thegaggl ... crats.aspx
http://www.bloomberg.com/apps/news?pid= ... amp;pos=10
http://www.bloomberg.com/apps/news?pid= ... &pos=3
http://www.bloomberg.com/apps/news?pid= ... &pos=7
http://www.bloomberg.com/apps/news?pid= ... aPsHEnNAuY
http://www.bloomberg.com/apps/news?pid= ... muvpo9Oy0U

http://www.ritholtz.com/blog/2010/03/sa ... -or-crash/
http://www.ritholtz.com/blog/2010/03/th ... more-54634

Of Special Interest If You Are A Californian. Or A Taxpayer. You're An Involuntary Shareholder Of A Lot Of Banks,GM And Chrysler, Wanna Own Part Of Some States?

http://www.iimagazine.com/Popups/PrintA ... ID=2442415

http://www.nytimes.com/2009/07/07/scien ... .html?_r=2
http://paul.kedrosky.com/archives/2010/ ... ation.html
http://www.latimes.com/business/la-fi-p ... ull.column
http://www.risk.net/credit/news/1597219 ... dip-threat
http://www.ritholtz.com/blog/2010/03/ex ... greenspan/
http://www.ritholtz.com/blog/2010/03/se ... by-design/
http://www.nytimes.com/2010/03/21/magaz ... f=magazine

Ya Gotta Laff...

http://jeffmatthewsisnotmakingthisup.bl ... e-car.html

http://dmarron.com/2010/03/19/how-much- ... form-cost/

Stay tooned....

[ view entry ] ( 906 views ) [ 0 trackbacks ] permalink ( 3 / 1072 )
Change In Strategy In The Works. Stay Tooned.  

Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman

Chartz and Table Zup @ www.joefacer.com

http://www.youtube.com/watch?v=BUxx3mdb ... eature=fvw
http://www.ritholtz.com/blog/2010/03/ma ... -concerns/

http://www.msnbc.msn.com/id/35839839/ns ... al_estate/
http://www.msnbc.msn.com/id/35822798/ns ... forbescom/
http://www.msnbc.msn.com/id/35841591/ns ... s-careers/
http://www.cnas.org/blogs/abumuqawama/2 ... -amos.html
http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... &pos=3
http://www.bloomberg.com/apps/news?pid= ... &pos=6
http://www.bloomberg.com/apps/news?pid= ... ylss..voRM
http://www.ritholtz.com/blog/2010/03/vo ... -politics/
http://www.ritholtz.com/blog/2010/03/se ... al-crisis/
http://www.ritholtz.com/blog/2010/03/di ... -collapse/

http://www.bloomberg.com/apps/news?pid= ... 1SiG4&
http://www.snl.com/interactivex/article ... 0380-12086
http://www.businessweek.com/magazine/co ... 300122.htm

http://money.cnn.com/2010/03/09/pf/reti ... /index.htm

http://www.ritholtz.com/blog/2010/03/ac ... s-the-sec/

Coroners Report On Lehman
http://www.ritholtz.com/blog/2010/03/co ... on-lehman/
Smoking Gun...

If you can't handle 2200 pages:
http://www.ritholtz.com/blog/2010/03/le ... -round-up/
Smoking Gun...

http://www.nakedcapitalism.com/2010/03/ ... fraud.html
Another Smoking Gun?

If you were raised Catholic:
http://www.aolnews.com/world/article/se ... 2F19398262

Stay tooned...more to come later this weekend.

[ view entry ] ( 775 views ) [ 0 trackbacks ] permalink ( 3 / 1096 )
It's Amazing How When You Are On A Roll, Things Just Break Your Way. And When You Are Not On A Roll, You'd Miss The Floor If You Fell Down... 

"It's no wonder that truth is stranger than fiction. Fiction has to make sense."
-- Mark Twain

Chartz And Table Zup @ www.joefacer.com.

Stay Tooned....

[ view entry ] ( 796 views ) [ 0 trackbacks ] permalink ( 3.1 / 1009 )
Sitting Onna Dock Of The Bay.... 

The charm of history and its enigmatic lesson consist in the fact that, from age to age, nothing changes and yet everything is completely different.
-- Aldous Huxley

Chartz and Table Zup @ www.joefacer.com

Check it Out...


http://www.ritholtz.com/blog/2010/02/he ... put-backs/
http://www.ritholtz.com/blog/2010/02/co ... ble-ahead/
http://www.bloomberg.com/apps/news?pid= ... &pos=7
http://www.bloomberg.com/apps/news?pid= ... 3FNswDlTkw
http://www.ritholtz.com/blog/2010/02/wh ... er-valued/
http://www.ritholtz.com/blog/2010/02/ma ... gage-mods/
http://www.ritholtz.com/blog/2010/02/du ... -it-seems/
http://www.ritholtz.com/blog/2010/02/be ... lled-them/
http://www.msnbc.msn.com/id/35601041/ns ... al_estate/
http://www.bloomberg.com/apps/news?pid= ... LH3zOdh4ro
http://www.bloomberg.com/apps/news?pid= ... amp;pos=10

http://www.wired.com/magazine/2010/02/f ... ithm/all/1

Panic Low, Bounce Offa The (Generational?) Bottom, Recovery To The Pre Panic Down Trend Line, Support At The 20 Day Moving Average, Overhead Resistance @ 1110 And The 200 Day Moving Average. I Expect Market To Break One Way Or The Other... I'm In Cash/Bonds Until I Figure Out Which...

http://www.ritholtz.com/blog/2010/02/th ... more-52719
http://www.nytimes.com/2010/02/27/your- ... money.html

http://www.economist.com/world/europe/d ... _commented

Stay Tooned.

[ view entry ] ( 881 views ) [ 0 trackbacks ] permalink ( 3 / 1076 )
I Feel Strongly About It Both Ways.... 

"The future is here. It's just not widely distributed yet."
-- William Gibson

Chartz and Table Zup @ www.joefacer.com

I never understood why everyone considered John Mayer a great or even a good guitarist, because I only heard him on his own material. After hearing these cuts, I hear an excellent rock guitarist stuck with a serviceable voice for soft rock, locked into his pop mentality, trying to get out and only able to do it on other peoples material...
http://www.youtube.com/watch?v=a81NgSvR ... re=related
http://www.youtube.com/watch?v=6sPmTgPv ... re=related
http://www.youtube.com/watch?v=Zh4n1bZi ... re=related

Stay tooned. Some chart work and reading ongoing, soon to appear here..

We've bounced from the Jan/Feb low about half
the way back on declining volume... Not much to be confident about there...

Still all cash and bonds....

[ view entry ] ( 860 views ) [ 0 trackbacks ] permalink ( 3.1 / 1081 )
So The Fed Left The Punch Bowl Out Too Long An' Wall Street And Real Estate Fell In. And What Ya Knew Was Gonna Happen, Happened. Then The Fed An' The Government Borrowed The Public's Credit Card And Refilled The Punch Bowl. Pourin' Alky Down A Drunk's Throat Never Ends Well. Sobering Up Gets Postponed And Worsened. Don't Stand In Front, Stand To The Side. 

My philosophy for trading is -- understand why something is happening economically and then look at the price action. If both of them works, go trade. If one of them is starting to fall apart, get out. And if both fall apart, get short,
-- Dennis Gartman

Chartz and Table Zup @ www.joefacer.com. Check it out!

Hell, good enuf to make it two weeks inna row.
http://www.youtube.com/watch?v=Sy7vnwXg ... r_embedded

Larry Faucette on congas
Freddie Smith on sax
Buddy Miles on drums
Mike Finnigan on keyboards

Mike was the SF connection. I used to see his band play at a club in Mill Valley.
Also on the LP were Jack Cassady/Stevie Winwood, coupla guys who also played good music elsewhere at the time.
The guitar player was pretty good too. The first time I saw him, he headed the bill at Winterland with Albert King and John Mayall's Blues Breakers. Two sets each starting at 8:00 and JH played until 2:15...

http://www.bloomberg.com/apps/news?pid= ... &pos=4
http://www.ritholtz.com/blog/2010/02/st ... al-policy/
http://www.bloomberg.com/apps/news?pid= ... amp;pos=11
http://www.ritholtz.com/blog/2010/02/be ... ing-gifts/
http://www.bloomberg.com/apps/news?pid= ... &pos=4
http://www.bloomberg.com/apps/news?pid= ... hIeftRVyvE
http://www.bloomberg.com/apps/news?pid= ... &pos=2
http://www.bloomberg.com/apps/news?pid= ... Xq1qk1ll9M
http://www.ritholtz.com/blog/2010/02/ho ... al-crisis/
http://www.ritholtz.com/blog/2010/02/in ... -expected/
http://online.wsj.com/article/SB1000142 ... 53714.html

The Obama administration's starting out with health care reform instead of financial reform was a fuck up of enormous proportion. Newsweek's current riff is that it was necessary but still wrong. That news has been out a while. So health care reform is bogged down big time. And Too Big To Fail financials are fewer names but even bigger entities with the taxpayer an unwilling participant in the fun and games. Obama signed on to Bush's program and left the suspects and persons of interest in place and buried them in taxpayer's money. Which they passed around while the jobs just kept disappearing....

So Main Street sees Wall Street getting healthy enough on Main Streets money to be back to the big bonuses spread among fewer names while Main Street continues south. We are still losing jobs at a time when we need well over 100,000 new jobs a month just to stay even. Estimates for this year project 133,000 new jobs a month. That leaves 30,000 new jobs a month to eat into a very real 17% un and underemployed employment rate. Expect the "official" unemployment rate to float between 9.5% and 10% this (election)year as new persons will step on to the pier as someone falls off the other end...

So Intel and Apple posted good reports for the fourth quarter and they and other great names rolled over and started south mid January. Check out the chartz.

The weekly chart shows perspective, the daily chart shows where we are in the domestic big cap market, the 401a funds show where my choices stand with/against the markets...

The suspicion has been that Europe is in worse shape than the US for about a year and a half. Now it is starting to show. The markets are herky jerky between fear of serious bad things and the pronouncements that there exists the firm intentions of the EU to seriously consider that something needs to be done and that they may consider that it may become necessary for them to think about who should do it, if they can do it, and are willing to do so.

In the meantime, commodities and stocks go down and it appears that money is leaving stocks and going to bonds and that money is leaving bonds and going to cash and that money is leaving commodities and going someplace...

I'm standing to the side in the 401a. And it ain't an easy choice. All last year, the stock market made "V" shaped recoveries from every rough patch and maybe it will do it again. But that was last year and this is this year. And bonds are promises to pay and not the most comfortable place to be when promises and the future are suspect.

Still, business will be done. It's just that the developed nations are buried under debt and going no place for the time being. It is the emerging nations that will be doing business, but less of it and under some uncertainty.

So for now it looks like rips and dips in stocks as the emotions of fear and greed will jerk the market around the existing trend. And the trend that I see is down.

So I consider that 401a money is not real nimble and that I have to respect the trend.

http://www.ritholtz.com/blog/2010/02/jo ... e-to-last/
http://www.ritholtz.com/blog/2010/02/be ... more-51652

Oh, yeah... 100% GIC and Bonds until further notice.

http://www.bloomberg.com/apps/news?pid= ... &pos=4
http://www.bloomberg.com/apps/news?pid= ... MJFT2dMyIU
http://www.bloomberg.com/apps/news?pid= ... amp;pos=10
http://www.msnbc.msn.com/id/35367044/ns ... swer_desk/
http://www.ritholtz.com/blog/2010/02/pr ... -earnings/

http://www.msnbc.msn.com/id/35406859/ns ... d_economy/

Stay tooned....

[ view entry ] ( 1006 views ) [ 0 trackbacks ] permalink ( 3 / 999 )
This Week, The Unemployment Rate Number Is Down To 9.7% on 20,000 Additional Jobs Lost. They Are Just Numbers Unless You Understand How They Were Generated And What They Do And Don't Mean... 

Our activity as investors is not to try to identify tops and bottoms - it is to constantly align our exposure to risk in proportion to the return that we can expect from that risk, given prevailing evidence.
-- John Hussman

Chartz and Table Zup @ www.joefacer.com

I never got around to sewing these two tracks together... maybe soon. In the meantime...
http://www.youtube.com/watch?v=Sy7vnwXg ... r_embedded

All bonds and GIC in the 401a. Make no mistake, I'm being defensive yet again

Is this the establishment of a downtrend or a quick shakeout like June of last year? Will I see 1025 before I see 1100, or will the market reverse on the way to new 12 month highs? I dunno. But I judge the risk of missing out on a possible spike up that is too fast to climb aboard to be less than the risk losing money riding a possible downtrend into losses.....

It's about asset allocation and risk management.

http://www.bloomberg.com/apps/news?pid= ... amp;pos=14
http://www.msnbc.msn.com/id/35284034/ns ... d_economy/
http://www.bloomberg.com/apps/news?pid= ... &pos=2
http://www.msnbc.msn.com/id/35254011/ns ... d_economy/

Good Day. Does it mark the end of the down trend? Or is it a oversold bounce? Coupla more days will tell the tale....

Still all cash and bonds in the 401a...

More later

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"Saving Souls from Buy and Hold" for about fifteen years now. -- Rev Shark 

In general, your target is not to beat the market. It is to beat zero. As I have written for years, the investors who win in this market are the ones who take the least damage.
-- John Mauldin

Chartz And Table Zup @ www.joefacer.com

Ninety seven percent corporate bonds (American Funds Bond/RBFFX) and Met Life GIC in my 401a.
'Nuf said fer now...

Stay tooned, I'll have more to say later this weekend/week.......

http://www.msnbc.msn.com/id/35163844/ns ... ork_times/
http://www.msnbc.msn.com/id/35148862/ns ... al_estate/
http://www.bloomberg.com/apps/news?pid= ... RsJycboEUE
http://www.msnbc.msn.com/id/35169512/ns ... vironment/
http://www.bloomberg.com/apps/news?pid= ... &pos=4
http://www.ft.com/cms/s/0/772748d6-0e94 ... ck_check=1
http://www.bloomberg.com/apps/news?pid= ... &pos=9
http://www.bloomberg.com/apps/news?pid= ... RsJycboEUE

Sunday Eve

Monday Eve; Low Volume Bounce That's Gonna Soon Fail or The Market Turns Back Up Into 52 Week Highs Again?......Tick Tick Tick...

http://www.ritholtz.com/blog/2010/02/di ... o-default/
http://www.bloomberg.com/apps/news?pid= ... n8uHc.dmcc
http://www.ritholtz.com/blog/2009/11/fi ... -to-power/
http://www.ritholtz.com/blog/2010/02/di ... o-default/
http://www.ritholtz.com/blog/2010/02/u- ... nable-gap/
http://www.bloomberg.com/apps/news?pid= ... &pos=4

Thurs Eve

All the way out of stocks in my 401a. The down trend is pretty much been established; There is a fast closing window on re-establishing the up trend. Next level of support is in the 1025 to 1030 range. If we close below that Friday or Monday, it'll be real ugly real quick.....

Once we hit 2010, we rolled over, stuttered for a coupla three four days, bounced into resistance, and rolled over hard. I was too cautious last year and I left a lot of gains on the table. What cost me gains last year appears to have protected my capital this year. I'm down wid dat.....

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Down And Locked In A Struggle To The Bitter End With A Virus Since Late Last Week.  

The four most dangerous words in investing are, "This time it's different."
-- Sir John Templeton

No Chartz Or Tablez Until Next Sat.

Haven't had the energy to do much besides sleep and be sick. Still, I went to 16% stock/84% bonds/GIC Friday.

It's not a bad place to be at all under the circumstances.

Stay tooned and watch for signs of recovery.

Me, not the market. I think the path is clearer for me than the market.

Seeya here.


Down to 3% Stocks/ 97% Bonds and GIC By This EVE....

http://thehousinghelix.com/2010/01/25/i ... re-blog-2/
http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... amp;pos=10
http://www.huffingtonpost.com/2010/01/2 ... 38933.html
http://www.msnbc.msn.com/id/35083918/ns ... ite_house/

Stay Tooned.

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Another Year, Another Chance To Shine. Yee Hah!!!  

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