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It Ain’t Over Til It’s Over – Is it over?
It is our choice. Either we save for the rainy day like Joseph and the Pharaoh, and build our financial house on rock, or we take the default deflationary plunge into depression.
http://www.thehouseontherock.com/
Although we continue previous Asset Allocation and Seasonal Outlook positions in closely-held bonds, equities, gold, oil, real estate like CDE, DDRX, KIRK and MED with Good Til Canceled Trailing Stop Sells, we began this week after the All Up Day and continuing bad market breadth to rebalance our windfall parabolic portfolio growth with cash, perhaps the newborn king.
http://cobrasmarketview.blogspot.com/2009/04/all-up-day.html
We have Trailing Buy Stops on Dollars, the best of a bad lot of currencies including the Yuan, in view of the world’s largest currency and economy being much less leveraged than the Euros and Hong Kong. We think the Chinese Shanghai 180 has been giving a distress signal since it peaked again on 4 August 2009 a year after the Chinese Olympics.
http://www.wisdomtree.com/library/pdf/fundfacts/WisdomTree-FactSheet-CYB-518.pdf
http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm
We think the Friday the 13th surprise could be the collapse of bonds, commodities, gold, silver and stocks as well as the global economy. People may want to have lots of cash on hand. Time will tell.
Our subscribers have a front row seat for the spectacle.
Regards*Rich
