Monthly Archives: January 2013

How Bull Markets Work

It has been some time since I have had to deal with an overbought Bull Market, so I thought it would be a good time to revisit this opportunity. The grand super-cycle Bull Market lasted from 1974 to 2000, and … Continue reading

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Where we stand in 2013: Learning from the past, looking to the future

As we enter 2013, I’m writing to summarize what happened in markets last year and to share my thoughts on positioning portfolios for the year ahead. The year 2012 saw a continuation of the volatility that’s characterized markets since the … Continue reading

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Another Observation

You may have heard the old market proverb, “As January goes, so goes the year.” I prefer the saying, “as the first five days of January go, so goes the year.” We have now completed the first five days of … Continue reading

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Happy 2013!

What a great start to the New Year! Using the Dow Theory, the transports have had a very strong action. When the transports do well, the market does well. The bull market began in March 9th, 2009, and so far … Continue reading

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A New Year’s to Remember

The first part of the Fiscal Cliff is now behind us. Since I am more of a stay at home celebration person, my wife became somewhat aggravated with me switching for one channel to another trying to stay informed on … Continue reading

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