Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The fund industry has done a masterful job over the recent years pandering to investor fears of another 2008 meltdown by coming out with a slew of (mostly underperforming) alternative funds ala risk parity, long/short, etc. I would have thought th…
Reply to @johnN: John, you really, really need to quit listening to the pundits. They don't have anymore of a clue to where the markets are headed than anyone here on this board or elsewhere. As for being late to the party, some have missed the …
Reply to @Charles: Charles, although I believe moving averages are far too lagging of an indicator if you are into timing, it's better than having no exit plan whatsoever. I am glad to see you coming around to the concept of momentum. That said, w…
Meanwhile, in the real world (open end bond funds) junk's losses were very muted and many of the floating rates bond funds were unchanged.
Edit: Personally, I would never touch a bond ETF, but then that's just me.
Reply to @Investor: I may well be back in junk early next week. While I wouldn't recommend it for everyone, I micro-manage my positions and each and every day is a live or die day for me. I am an absolute fanatic about limiting my drawdowns to as…
Reply to @Investor: I was just getting ready to post. Anyway, when I am wrong I admit it and it looks like I was premature getting back into junk last week. I had thought a supportive stock market would put a floor under junk. It's hard sometime…
Reply to @Investor: I am glad you brought that up. Somewhere in the archives I mentioned what would get me out of PONDX and that would be a 1% decline from highs. I used 1% because it had been in a tight rising channel for almost a year and there…
Reply to @Investor: Thanks, I figured since I said Hiyield007 was going on a posting sabattical until 2014 this would be one way to get around that proclamation. Plus, as of last week back around 25% in junk bonds (WHIYX) Will ramp up more tomorr…
