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Force Majeure Markets~ How long can this Alice in Wonderland Market ignore the numbers?
We first used the inglorious French Phrase Force Majeure last March.
We looked ahead of then dismal economic stats.
We saw the liquidity created by trillions of Fed Treasury monetary stimulus borrowing programs and government fiscal legislative acts mortgaging the future.
For a year we excused unfunded Agency mandates totaling some $104 Trillion and another $204 Trillion of off-balance sheet, unregulated US Bank derivatives not marked-to-market.
http://www.occ.treas.gov/ftp/release/2009-161a.pdf
We went long most markets with Big4 and Trailing Stops in case we were wrong, which happens often enough to keep us humble and modest.
Looking at the fast and furious creation of mountains of artificial liquidity to finance Hedge Funds and Bank Proprietary Trading Desks, if not bail out the Wee people with their own money as promised, we held our nose and girded our loins to buy low to sell high.
Thus we documented some outstanding returns on Charts with Hearts on Stockcharts.com, with such high growth companies as AAPL and AMZN with their iPhone and Kindle that rewarded handsomely.
They were up 176% and 142% respectively.
Other posted ideas did even better, still no guarantee of future results because 666 S&P500 lows come along infrequently, or do they?
The TopTen Closely-Held Dividend Discount Seasonal Portfolio did better, with CDE up a whopping 590% in less than a year, an uncommon return to be sure.
We recall charitably telling many people about CDE and finding out few bought it.
We figure that’s a good reason to charge $1000 for TopTen with a one-year money back guarantee if TopTen performance does not cover cost.
At least subscribers may actually use the ideas to profit.
