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.
Hi Scott,
With having to devote more time to work ... I am not able to get to the board as I have in the past. I take a good bit of the summer off and my boss takes a good bit of the fall off. With this, I have more things to do during the day at…
Hi Hank,
Thanks for stopping by and making a few comments. After the elections there are other items of uncertainty … we have the fiscal cliff and then there is Europe. I would like to think that equities will be moving forward after the first of…
An article on the subject from Marketwatch ...
http://www.marketwatch.com/story/brace-for-bleak-earnings-likely-surprise-2012-10-05
When the SEC failed to control the naked shorts and the high requency traders form my perspective ... Here is the e…
Hello,
I have been following the discussion on this subject. I own PASAX which is a sister fund to the topic fund. I have it classified as a specailty fund within my portfolio. In the specality classification I usually hold about four funds (one…
Hi Scott and others,
Currently, for me, my risk tolerance is right so I am sitting tight within my asset allocation which roughly bubbles at about 50% equity, 30% bonds and 20% cash. Within equities I am overweight the defensive sectors of utiliti…
Hello,
I employe, what I call, a win, place, show investment strategy in which each investmet category that I invest in usually holds three funds. And, with that, the total comes to more than fifty funds. This includes my taxable account, my IRA …
If hedge funds and instititional investors are levered up in a range of 20 to 40 to one then when they exit from the market there will be a vaccum felt in the rush for the exit. With this, then pile on the naked shorts plus the high frequency trade…
Hi Accipiter,
I just do copy and then paste ... and, if I was typing it out ... that might be the case.
If it is creating a concern ... I'll edit it in the future.
Skeeter
Hi fundalarm,
Thanks for voicing your views.
I am more on the otherside of the trade, so to speak. In the near term, I too am looking for a pull back; and, long term it is going to be ... Show Me, Don't tell me. The centeral banks form my though…
Hi Kaspa,
Thanks for making a comment following my rant. I agree some value can be found ... but, let's say the upside is maybe five more percent. Do you want to put money to work now just to perhaps watch it pull back ten. From my thoughts, not…
Hi all,
Thanks for your comments. I’ll consider them.
Let me continue to say why I favor Scott Trade. With Scott Trade I can send buy and sell orders online … and, if the need arises I can meet face-to-face with an advisor as they maintain an of…
Hello STB65 and others,
In fighting the fed … I don’t think that is wise. Although I do feel one should right size their portfolio (keep things in balance) as equities continue to march upward I believe they become more risky as their P/E Ratios i…
Hi Old_Joe,
Hey I'd rather right size my portfolio in an updraft rather than a downdraft.
Form my thoughts, the market (S&P 500 Index) is getting pricey. By my math it closed today with a trailing price to earnings ratio of 16.2. I'll scale …
Hi Scott,
A spiff position is a special investment position that is put in play with some type of goal in mind. It is usually not a long term position although I have had some that I held for more than a year. I usually use an index fund or a wel…
Hi Hiyield007,
Equities by my analysis are currently fully priced as I noted above. Those that are on the side line and want to board the equity train will have to pay up to do so ... and, then there are the shorts that I feel have started to cove…
Hi Mark,
Yes indeed it was and most investent firms now have some type of risk tolerance test. My score worked out to that of a growth & income allocation and with that the equity allocation ranged form forty to sixty percent. Which is fine w…
Hi Accipiter,
Thanks for doing the poll.
Score me as sticking tight as I recently reduced and I am now watching being that I am at the mid point in my equity allocation at about 50%. As of Friday close I compute the Index selling on a forward pri…
Hi Hank,
Thanks for doing the poll.
Score me conservative even though I am at the mid point in my equity allocation at about 50%. As of Friday close I compute the Index selling on a forward price to earnings ratio at 13.3 and on a trailing price …
Hi bee,
Thanks for posting the two sites that you reference for market timing signals.
I use to frequent the moose site until someone as I remember was copying his information and selling it to others. He went to a closed membership site and wi…
Hi Hank,
Thanks for posting this. I enjoyed the read.
I recognize that my forecast of a pull back greater than five percent sometime before the November election might seem cavalier to some but in retrospect with all that abounds us I think it is…
Hello,
I’d like to make a comment on this. For those that follow my post, know I sold equities down in March, April and May. In these sells, I had good profit. With these proceeds, I began to buy back in, in June. The market got too frothy for …
Hello,
It appreas the market as represented by the etf SPY peaked in the week of August 20 and has now started a downward move. Notice the MACD is in decline along with the Slow Stoch. With the MFI indicator set for a three day period one can bet…
Hi Andrei,
Thanks for expounding more upon this, it is indeed appreciated as I would like to learn more on what Hulber has to offer. Could you please provide a link to Hulbert's commentary and his assesment? In this way, I know I am reading the r…
Hi andrei,
I am sorry to learn of your loss. Perhaps, you had too much at play in the strategy as Mr. Rowland states that it is not a complete investment vehicle.
I have linked the strategy below for those that would like to read more on it.
htt…
Hello prinx,
I have linked below the etfs that Ron Rowland suggest be used with his Leadership Strategy. Take a look ... MGC is on the list.
http://www.allstarinvestor.com/public/192.cfm?AffID=IWAE2
I hope this is helpful.
Good Investing,
Skeet…
Hi Catch,
Thanks for your comments and inquiry about my use of the P/E Ratio. This probably rambles a little as I am writing it without much time to edit it.
In applying the P/E Ratio on a stock to me has little value … but, in applying it on a…
Hi Old_Joe,
Yep, I know 20% most likely is not going to happen ... but, I feel a 10% pull back is reasonable. That would put the Index in the 1280 range ... And, I believe it did get to the 1260's range back in June on an inner day low. A fifteen…
Hello,
I want to thank all that made comments and also to those that visited and read the post.
After giving some more thought to this ... I have decided to start the sell off process soon on only my diversified special equity "spiff" investment p…
Hi bee,
You have come up with some good mechanisms that seem to provide you with meaningful information as an aid to reconfigure your portfolio and reposition it from time to time. I think this is important as an investor develops skill.
I have s…
Hi Catch,
Headed towards the coast myself on Thursday.
In regard to your post and in keeping my answer short ... A whole lot.
I will explain my answer, keep it simple, and relate this to the game of checkers. The more experienced and skilled pla…
Hello,
Here is what I have done … What I have been doing … And, what I plan to do.
From review, I sold some of my equity ballast off from the later part of March on into April. At the time my equity allocation had grown to about 68% of my portfol…
Hi Maurice,
I thank you for the time you have spent on the Facebook postings.
I did not buy into the offering either as I felt it was a hoodwink on investors ... and, sure enough, it was.
There are those that are going to have issue with your pos…
Hi Derf,
Thanks for the question. I use Miracle Grow.
I don't use Miracle Grow on the funds themselves ... but, I do use it on some house plants, my roses and in my vegetable and flower gardens. Now, some of the funds that I own, own stock of it…
Hello,
The articles on high frequency trading seem to be in vogue this weekend.
I have linked another one that suggest that perhaps GPS Spoofing could cause a flash crash in the markets.
http://www.ritholtz.com/blog/2012/08/could-gps-spoofing-cau…
Hello,
Linked below is the prospectus for the subject fund. Its reading is simple and straight forward. From its reading, they cover how you can purchase and redeem shares. I could not find where they address short term trading. So perhaps, the…
Hi Catch,
My family roots go way back into farming ... Way back to the 1800's. However, our modern day farm is, perhaps you guessed it, the stock market. The farms ware sold off peace meal through the years and the sell proceeds were invested in …
Here is an update ...
I have linked below what the SEC says that companies must maintain their systems and test fequently to make sure they are working properly.
SEC to High Speed Traders ... Make Sure Your Technology Works!
http://buzz.money.cnn…
Hi Old_Joe,
I looked before I linked the article up; but, I failed to see you had already made post of the same article.
I in no way was seeking to steal your thunder.
Please accept my apology.
Sincerely,
Skeeter
Hi Scott,
Indeed I feel caution is warranted. Perhaps as you say momentum is reversing. I am sure, in time ... answers will be forth coming ... if not in words ... through market movement. Perhaps, this is the beginning of a market pull back.
S…
